News: Rhode Island

Conway of Conway Commercial Group sells 700 Douglas Avenue for $710,000

Jim Conway, Conway
Commercial Group

Providence, RI Jim Conway of Conway Commercial Group sold 700 Douglas Ave. for $710,000. Conway represented the seller, 700 Douglas Avenue Realty, LLC, and Tom Barry of CBRE represented the buyer, Care 1st Transportation.  Financing was provided by Centerville Bank of West Warwick with utilization of SBA504 funding program.

The building is a single-level concrete block construction spanning a total of 12,300 s/f of usable space. The building sits on 1.08 acres
offering parking with the possibility of building expansion. 

The property was purchased by Jubril and Erin Bamgbala of Care 1st Transportation. The building will be housing their fleet of vehicles while also providing space for the company’s office and administrative needs. They will be taking occupancy immediately while commencing their custom build-out requirements.

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