Willett Ave Mixed-Use

Office for Sale
Catylist Listing ID: 30353534
Property Subtypes: Mixed Use
Building Size (RSF): 5,681 SF
Gross Land Area: 26,572 SF
Sale Price: $495,000
Unit Price: $87.13 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

Two buildings on one lot. Front building is one story commercial building of block construction apportioned into two unit. One is occupied by doctor and the other a physical therapy office. Doctor is vacating in three months.

Back building is two story wood frame colonial style structure apportioned into two rental units. First floor is two bed apartment. Second floor is one bed apartment. Both are occupied.

There is also a two car garage on the property that is rented.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: East Providence
Tax ID/APN: 512/22/60
Zoning: R-3
Property Located Between: Chimney corners and Barrington town line
Property Visibility: Good
Highway Access: Within one mile
Site Description: Nice square shaped parcel with two curb cuts.
Area Description: Nice residential area of East Providence. Physician's office has been active in this location for over 30 years
Total Number of Buildings: 2
Year Built: 1960
Construction/Siding: Block
Parking Type: Surface
Parking Description: Parking for seven cars in front and another five to seven in the back
Total Parking Spaces: 15
Air Conditioning: Package Unit
Interior Description: Physicians office is nicely done with plaster walls that are pained and acoustic tile ceilings.
Zoning Description: Residential, R-3.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,441 73,034 270,009
Median Age: 43.7 41.57 37.03
Households: 5,636 28,898 104,359
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