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East Providence, RI Foncellino Team of Coldwell Banker Commercial brokered the $2.2 million sale of 1235 Wampanoag Trail for the seller South West Properties. The building, constructed in 1991, consists of 20,000 s/f of 8 retail units ranging from 1,045 s/f to 4,400 s/f. It is located on two acres and offers parking for 80 cars.
The retail plaza is located on Rte. 114, two miles south of I-195 exit 7, with traffic count of 30,000.
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The listing broker was Mike Volpe of MG Commercial Real Estate. The Foncellino Team along with MG Commercial helped with the processing of a 1031 exchange by the buyer, White Horse Properties.