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64 Halsey St

3,500 SF Industrial Unit Offered at £723,766 in Newport, RI 02840

Investment Highlights

  • High visibility to the public. Very close to the Newport Bridge and Downtown Newport Rhode Island.

Executive Summary

A 3500 square ft. Woodworking/Boat Building Shop consisting of three condos units. The two condo units 7 and 8 are completely open to each other with no dividing wall. The other condo unit 6 is attached with a large opening to the other condo units at one end and a man door at the other. The units 7 and 8 have a large 500 square foot mezzanine. Units 7 and 8 have their own gas heaters, bathroom, small kitchen, and small office. Unit 6 has its own gas heat and bathroom entry door and large 13' high x 14' wide overhead door. Unit 6 can be easily sealed off and sold as its own condo unit. Units 7 and 8 have a entry door, front window, and large 12' high x 14' wide overhead door. all three units have three phase 208 volts electric service. The three units a have a video surveillance system inside and outside units. The condo units are at the on/off ramps to the Newport Bridge and have very high exposure and very close to downtown Newport, Rhode Island. I am retiring and prefer to sell the industrial woodworking and metalworking machinery worth $229,658.00 with the property making the total asking price $1,154,658.00. A Discount Package Price can be considered. The Machinery is in Very good to Excellent Condition and has been operated by one person. A complete list of the machinery can be provided.

Property Facts

Price £723,766
Unit Size 3,500 SF
No. Units 1
Total Building Size 3,500 SF
Property Type Industrial (Unit)
Property Subtype Warehouse
Sale Type Investment or Owner User
Building Class C
Number of Floors 2
Typical Floor Size 2,841 SF
Year Built 1984
Lot Size 0.62 AC
Parking Ratio 1.71/1,000 SF
Opportunity Zone Yes

1 Unit Available

Unit 6,7,8

Unit Size 3,500 SF
Price £723,766
Price Per SF £206.79
Unit Use Industrial
Sale Type Investment or Owner User
No. Parking Spaces 6
Description

3500 Square Foot condo with 500 square Mezzanine.

Sale Notes

The $925,000 is for the property only. The property is to be sold with $229,658. of Industrial Woodworking and Metalworking Machinery for a total asking price of $1,154,658.00. A Discount Package Price can be considered. A complete listing of the machinery can be provided.

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Signage
  • Roof Lights

Utilities

  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code MT (Zone designed to protect & provide for the expansion of existing uses which provide valuable technology and craft industries essential to the economy)
MT (Zone designed to protect & provide for the expansion of existing uses which provide valuable technology and craft industries essential to the economy)
  • Listing ID: 33111146

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 64 Halsey St, Newport, RI 02840

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