1426 Hartford AveJohnston, RI 02919

Property Details for 1426 Hartford Ave

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.06 AC

Property size (Sq ft)

26,830 SF

Zone code

B2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

JOHN M:0044 L:117

APU

JOHNM0044L117

Description

This exceptional 14,000-square-foot warehouse space, part of a larger 28,970-square-foot building, is ideally situated at 1426-1428 Hartford Avenue in Johnston, Rhode Island (02919). The property boasts a convenient location at the corner of Route 5 and Route 6, adjacent to a 24-hour CVS, ensuring high visibility and accessibility. Built in 1970 and renovated in 2015, this Class C building offers a 12-foot ceiling height, perfect for various uses. The space includes a 200-foot frontage, ample parking (80 spaces), and a 1000-amp power supply. Features include a loading area, two ground-level garage doors, and a second-floor space. Utilities are separately metered. The property sits on a one-acre lot and is zoned B2. The building has a total of six suites, with this 14,000-square-foot space currently vacant. The presence of an elevator adds to the functionality of this versatile space, suitable for showroom, warehouse, storage, retail, shipping, e-commerce, or office/flex uses. Central air and heat are included, along with a bathroom. This listing represents a significant opportunity for businesses seeking a well-located, functional industrial space in a thriving Rhode Island community. The property's parcel number is P44 L117.

• CAP approach

  CAP return

  Valuation

  6%

  $6,520,626

  6.5%

  $6,019,040

  7%

  $5,589,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,834,132

  Geo Method

  $8,834,132

• Alternative Use

  Use

  Valuation

  Residential

  $5,077,286

  Hospitality

  $4,650,766

  Educational

  $3,869,383

  Medical

  $4,002,457

  Retail

  $6,019,040

Location Insight

City

Johnston

County

Providence

State

Rhode Island

Latitude

41.8237

Longitude

-71.5

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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