305 Oliphant Lane

Why We Love it

305 Oliphant Lane, Unit 15, Middletown RI

Commercial tradesmen unit available for lease within the Oliphant Land Tradesman Facility in Middletown, RI. This shop space garage unit is 850 SqFt on the first floor with an additional 216 SqFt on the second floor for storage or office space. Two parking spaces convey with this unit. If the tenant requires a dumpster it must be placed in 1 of the 2 parking spaces. Property highlights: well, its a tradesmen unit on Aquidneck Island which are hard to come by, and the location! This location, almost directly in the middle of the island is in great proximity to both Newport and Portsmouth.

 

LEASE PRICE:

$1,400/ Month

 

SALE PRICE:
N/A

LEASE PRICE:
Garage Unit: $1,400/ Month

FLOOR:
First floor + mezzanine

PROPERTY TYPE:
Garage shop space

AVAILABLE SPACE:
850 SqFt + 216 SqFt mezzanine

AVAILABLE DATE:
June 1

FRONTAGE:
Signage opportunity on Oliphant Lane

TERM:
Landlord prefers a lease commitment of at lease two years

BATHROOMS:
One bathroom in unit.

ELECTRIC:
Tenant Responsibility - single phase electricity

SEWER:
Publicly Connected

WATER:
Tenant responsibility

TAXES:
N/A

INSURANCE:
$1M Public Liability Naming Landlord as Co-Insured

CONDO ASSOCIATION:
Yes

PLAT/LOT:
112 / 33

YEAR BUILT:
1970

NUMBER OF UNITS:
1 unit available

UNIT DESCRIPTION:
Garage space / Tradesmen Unit

LOCATION:
Oliphant Land connects East Main Road to West Main Road.

ASSESSMENT:
N/A

PARKING:
Tenant has access to 2 parking spaces

HEAT/AIR:
Gas Fired HVAC: Tenant Responsible

INTERNET:
Tenant Responsible. Provider: Cox Communications

LANDSCAPING/SNOW REMOVAL:
Landlord is responsible

TRASH:
Tenant Responsible, tenant may place dumpster within one of their 2 designated parking spaces.

CLEANING:
Tenant Responsible.

ZONING:
L1

RESTRICTED USES:
This space can be used for office or tradesmen use only. No exterior boat or car storage permitted. No car mechanics permitted.

FINANCIAL REQUIREMENTS:
Tenant must prove financial strength.

RENT INCREASES:
4% Annual Increases

 
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