MLS® ID: 1242635

1 Pier Market Place

Narragansett, Rhode Island, 02882

$2,000,000 ActiveUnderContract
  • - SQFT
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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Listing courtesy of Lila Delman Real Estate

Amenities

  • Full baths
    0
  • Zip
    02882
  • Office name
    Lila Delman Real Estate
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    CommercialSale
  • Zoning type
    URD
  • Year built
    2006
  • Sewer
    Connected
  • Heating
    Central
  • Tax year
    2018
  • Agent name
    Gregory Arakelian
  • Tax amount
    $ 35804.0
  • Purchase Type
    ActiveUnderContract
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    2000-2009

Location

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