Moshassuck Medical Center

Office for Sale
Catylist Listing ID: 29825125
Property Subtypes: Executive Suites, Medical, Office Building
Condo? Yes
Building Size (RSF): 2,875 SF
Gross Building Area: 48,333 SF
Sale Price: $550,000
Property Use Type: Vacant/Owner-User
Building Name: Moshassuck Medical Center
Class of Space: Class A
Usable Size (USF): 2,875 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

Class "A" medical office condo consisting of large waiting area, reception/nurses station, 9 total exam rooms, kitchenette, 4 bathrooms and ample storage. This is a front, street facing suite with lots of windows and natural light with multiple skylights throughout. This suite is a combination of 3 suites contiguous. Considerable on site parking makes the Moshassuck Medical Center a favorite for Doctors and patients alike.

Note* Condo fee of $2,000 per month covers everything including all utilities, CAM, water/sewer, master insurance, security, management and maintenance.

Ideally located at 1 Randall Square between Charles St. and North Main St. with superior highway access to Route's 95 and 146. Convenient to Miriam Hospital, Brown Medical and RI Hospital. Just minutes to Downtown Providence.

Highlights
◾AMPLE PARKING
◾BRIGHT CLEAN UPDATED MEDICAL SUITE
◾STREET FACING
◾EASY HIGHWAY ACCESS
◾LOTS OF WINDOWS/NATURAL LIGHT
◾MINUTES TO DOWNTOWN PROVIDENCE

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $11,219 (Annual)
Tax Value Improvements $305,700
Assessed Value - Total($) $305,700 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Submarket Type: Central Business District
Taxing Authority: City of Providence
Tax ID/APN: 2/274/27, 2/274/28, 2/274/29
Is Condo?: Yes
Zoning: C4
Market Type: Large
Road Type: Paved, 2-Track
Property Visibility: Excellent
Transportation: Bus, Rail, Highway, Taxi
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 2,875 SF
Year Built: 1975
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 99
Passenger Elevators: 1
Heat Type: Natural Gas
Heat Source: Central
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: 38,462 257,062 450,033
Median Age: 29.4 33.39 36.06
Households: 14,121 96,917 174,582

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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