Providence RI Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 6,027
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 1366242
- Subdivision:
- Historic Elmwood
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Courtesy: Residential Properties Ltd.
401-245-9600
ADDITIONAL INFORMATION
This unique property situated on a historic street comprises 5 individual residential apartments; all units boasting modern appliances which further exemplifies the eclectic aesthetic of them by combining comfort, style, and functionality. Sides units has a one level town-house style feel' to it; with identical floor plan just used for different functionalities. Units have been owner occupied for over 5 years. 1st. unit (L) has 3 beds + day bedroom + all year season porch. 2nd. side unit (R) has 3 bedrooms + plus a walk In closet + Garden Patio Area and has a detached garage + storage on its side bringing extra income. All units have eat- in-Kitchens. In addition' sides units have separate electrical meters - parking is side by side with 2 drive ways. The 3rd floor level has loft style feel to it, as it occupies the entire floor with 2 good size bedrooms. The main 2 condo feel units have a very spacious bedrooms with hardwood floors throughout. This Investment Property, is entirely hard wired @100% Occupancy Rate with Month to Month leases at $16.97 per sqft. This Four Basis Return comprises of an income stream of gross rents more than $99,000 (YOY) =NOI is $66,700.00 with estimated cap rate at 8% .See(APOD). Conveniently located near the RIPTA/BUS Line, which is easy connection to MBTA commuter train station. And with Downtown Providence, Federal Hill, and the River Greenway Bike Path, near by, you have easy access 95/RT6 & to all amazing dining, entertainment & shopping.
- Type:
- General Commercial
- Sq.Ft.:
- 4,476
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1897
- Baths:
- MLS#:
- 1365220
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Courtesy: Broadway Real Estate Group
401-354-7969
ADDITIONAL INFORMATION
Recently renovated building located in the heart of Broad Street. This property features 3 units: 1st floor commercial space with a half bath (currently rented as a barber shop), and 2 residential units on the 2nd and 3rd floor both 2 bedrooms 1 bathroom. Sparkling stainless steel appliances, gleaming hardwoods throughout, central a/c, granite countertops in the kitchen and baths. Spacious and bright! Large gated parking lot and groomed landscaping with sprinklers.. the list goes on! To be sold with additional lot, included in this listing 522 Public (currently parking lot for this building).
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1365198
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Courtesy: RE/MAX Innovations
401-414-7414
ADDITIONAL INFORMATION
With a rich history spanning over 30 years, this well-established business is nestled in the heart of Providence, RI, serving as a cornerstone in the vibrant community of Historic Elmwood. Boasting a stellar reputation and a dedicated customer base! The sale includes everything you need to seamlessly take over operations: full inventory access at the time of purchase, a designated parking spot within a secure gated area, the option to use a dumpster (for a fee), existing racks and display fixtures, as well as essential equipment such as fax, phone, register, and a camera system. Additionally, you'll have access to supplier information and a side office within the establishment. Currently operating as a clothing store offering a diverse range of apparel for men, women, and children, along with travel-related merchandise, Elmwood Fashions presents a versatile opportunity for any business venture. The potential and possibilities are limitless. To facilitate a smooth transition, a 3-year lease will be required post-purchase. This is a unique chance to acquire the business itself, opening the door to a world of possibilities and endless opportunities.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- 1357727
View additional info
Courtesy: Century 21 The Seyboth Team
401-415-8527
ADDITIONAL INFORMATION
Discover a lucrative opportunity with this established commercial property in a prime location! Operating as a vibrant bar/lounge, this versatile space spans 2,400 square feet, offering ample room for growth, updating, and innovation. Boasting 50 parking spots in the paved lot, accessibility is a breeze for patrons. A turnkey investment, the sale includes all equipment and supplies, ensuring a seamless transition for new ownership. With a loyal clientele and thriving business model in place, capitalize on this thriving venture and make your mark in the bustling commercial landscape. Opportunity awaits in this dynamic property poised for success!
$2,190,000
29 Elmwood Ave Providence, RI 02907
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 73207890
ADDITIONAL INFORMATION
This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents. Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft
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Providence Real Estate
The median home value in Providence, RI is $213,900. This is lower than the county median home value of $248,200. The national median home value is $219,700. The average price of homes sold in Providence, RI is $213,900. Approximately 29.62% of Providence homes are owned, compared to 55.86% rented, while 14.53% are vacant. Providence real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Providence real estate agent to arrange a tour today!
Providence, Rhode Island 02907 has a population of 179,509. Providence 02907 is less family-centric than the surrounding county with 26.24% of the households containing married families with children. The county average for households married with children is 27.44%.
The median household income in Providence, Rhode Island 02907 is $40,366. The median household income for the surrounding county is $52,530 compared to the national median of $57,652. The median age of people living in Providence 02907 is 29.8 years.
Providence Weather
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 49.7 inches per year, with 33.8 inches of snow per year.