Address: 190 Thames St, Newport, RI
Building Size: ~1,350 sf
Sale Price: $60,000 - Price Change!
Lease Price: $3,000 / mo
Sewer: City Connected
Water: City Connected
Taxes: $4,774.00 / Yr 2015 - Paid Quarterly
Location: Downtown
Site: Waterfront
Road: Heavy Foot & Vehicular Traffic
Term: Current Lease is in the first renewal option for a period of 4 years, ending 4/30/2018 $3,000/mo. Second renewal at $3500/mo.
Deposit: $4,900
Parking: Customer parking in Mary St. Lot at rear
Heat / Air: Gas Fired HVAC Forced Hot Air
Available Date: Immediately
Financial: Buyer must prove financial strength and proof of funds
Restricted Uses: No direct competition with neighbors
Zoning: GB
Trash: $140/mo
Insurance: $1,000,000.00 Liability Policy plus plate glass insurance. Tenant must co-name Landlord as additional insured.
Condition: As Is
Unit Descriptions:
Utility Costs Average:
Gas $300-$600/mo
Elect $1,000 – $1500/mo
Water/Sewer $300/mo
Trash Removal $160/mo
Leased Equipment:
Dishwasher, Eco Lab $160/mo
Fixtures:
Hood & Ansul System