North Providence Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30311929
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 2,372 SF
Gross Land Area: 4,500 SF
Sale Price: $289,000
Unit Price: $121.84 PSF
Property Use Type: Investment
Usable Size (USF): 2,372 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2019

Overview / Comments

Current operation established over 20 years. Great opportunity with multiple income streams.

One bedroom apartment currently rented for $850.00 per month.
One bedroom carriage house currently rented for $1400.00 per month
One Car Garage

1228 sf restaurant with 30 seats
Commercial Kitchen
Currently operating one day a week with potential to expand
to seven days
Beer and Wine license available through city of North
Providence

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: NP 15-273
Retail Clientele: General, Family
Property Located Between: George and Smith Street
Property Visibility: Good
Largest Nearby Street: Smith Street
Airports: TF Green
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1898
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,556 133,398 348,051
Median Age: 44.74 35.8 34.85
Households: 8,850 51,361 130,046

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