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MLS # 1242635 - Act Und Contract
A significant portion of The Pier Marketplace is offered exclusively for sale, which includes fee simple interest in a ground lease under building A as well as an undivided interest in buildings B, C and D including 111 parking spaces and shared rights to additional parking. The property also includes common interest/easements in certain travel ways within the Pier Village Marketplace which are shared with other users. Sales Offering Memorandum will be presented upon Confidentiality Agreement execution. The Narragansett Pier Marketplace is the largest class A retail space in Narragansett Pier, and a mile from Route 1 with 40,000 cars/daily. Anchors include Trio Restaurant, Dunkin Donuts and Bank of America, in addition to four other National tenants. Steps from the best beach in New England, minutes from the University of Rhode Island, Wakefield and Newport, the Marketplace contains professional on-site property management and maintenance. The center is on 4 acres and contains retail, restaurants, services and class A offices, and is surrounded by 141 luxury ocean-front condominiums.
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Property Type:
Commercial
MLS#:
1242635
Price:
2000000
Year Built:
2006
Rooms:
--
City:
Narragansett
Neighborhood:
Narragansett Pier
Lot Size:
3.75 Acres
Zip Code:
02882
Agent Information:
Listed By: Lila Delman Real Estate
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Property Details
Style Type: Retail Building Levels: 1
Beds: -- Bathrooms:
Living Area: sq. ft. Under Construction: No
Garage Spaces: None Fireplaces: None
Garage Type: -- Fireplace Type: --
Rooms: --
Exterior: --
Finished Floor: --
Sewer: Connected
Electric: 200 Amps, Individual Meter, Underground
Hot Water: --
Heat: --
Heating System: Central Heat
Cooling: Central Air
Water Amenities: --
Handicap Accessible: --
Lot: --
Pool: --
Equipment: --
Near: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Shopping, Swimming, Tennis
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Content Updated 6/6/2020