Mixed Use in Elmhurst

Office for Sale
Catylist Listing ID: 30759746
Property Subtypes: Medical, Mixed Use, Office Building
Building Size (RSF): 2,961 SF
Gross Land Area: 6,212 SF
Sale Price: $495,000
Unit Price: $167.17 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Usable Size (USF): 1,269 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/25/2021

Overview / Comments

Professional office/mixed use building in the heart of Elmhurst. This meticulously maintained property consists of 2 spacious apartments on top floor, both leased, generating $2,100 per month total. The main level is currently built out as a dental office consisting of 1,269sf.
Property is equipped with a new vehicle charging station. Value $10,000.
Note: Seller will not permit use as general dentistry for new owner. Many upgrades throughout the building make this a very desirable opportunity. Includes designated parking spaces.

ALSO AVAILABLE FOR LEASE. CALL FOR DETAILS.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $12,352 (Annual)
Tax Value Land $80,400
Tax Value Improvements $257,200
Assessed Value - Total($) $337,600 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: PR 081-0036
Zoning: R1
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1966
Roof Type: Flat
Construction/Siding: Vinyl Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 44,721 250,816 435,840
Median Age: 30.88 33.92 35.77
Households: 15,529 95,179 168,480

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