Professional Office Flex Space - High Traffic Area

Office for Sale
Catylist Listing ID: 30216589
Property Subtypes: Executive Suites, Medical, Flex Space, Office Building
Building Size (RSF): 2,508 SF
Gross Land Area: 0.09 Acres
Sale Price: $389,000
Unit Price: $155.10 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Votta Law Offices
Class of Space: Class C
Usable Size (USF): 2,508 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 8/29/2018

Overview / Comments

Handsome handicap accessible Professional Office Building with 2,508 square feet located on ground floor. Building was used primarily as a Law Office and Real Estate Sales Building with high visibility on the corner of Smith Street (Rt. 44) and River Avenue in the heart of desirable Elmhurst section of Providence between Lasalle Academy and Providence College. Property is only 5 minutes from Routes 95 and 146 and Downtown Providence.
Building comes with two zoning approved large electrical powered in ground pylon signage on low maintenance manicured grounds. Interior building space is easily sub-dividable and can easily be leased with occupants paying own utilities with 4 separate meters for both gas and electric. Property also has 4 separate bathrooms on premises.

An adjacent single family home is also available for sale with commercial building for investment and/or owner occupancy. Residential property was used for excess capacity and additional conference/meeting rooms along with storage of business records and files.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Providence
Tax ID/APN: 38069
Zoning: COMMERCIAL/INDUSTRIAL
Property Located Between: Providence College and Lasalle High School
Property Visibility: Excellent
Highway Access: Within 5 minutes of Routes 95/146 and downtown Providence
Airports: 15-20 minutes to Green International Airport
Area Description: Office Building with high visibility on the corner of Smith Street (Rt. 44) and River Avenue in the heart of desirable Elmhurst section of Providence between Lasalle Academy and Providence College. Property is only 5 minutes from Routes 95 and 146 and Downtown Providence. Building comes with two zoning approved large electrical powered in ground pylon signage. Also available for sale separately is a single family residence adjoining the building which was used in past for excess capacity, large staff meetings, conferences, basement file storage and currently a renovated single family residence for owner occupant or rental.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,508 SF
Year Built: 1959
Year Renovated: 2001
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Dryvit on Block
Parking Type: Other
Parking Description: Street Parking for 10 vehicles on both sides of building.
Total Parking Spaces: 10
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: Open Floor plan that can easily be subdivided to suit. Property has 4 bathrooms servicing property to accommodate subdivision.
Zoning Description: Commercial/Industrial
Lot Frontage: 90 feet
Lot Depth: 57 feet
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Contact

Photograph of Listing Agent

Paul Z M Zanecchia

Z Realty ECCPN Member
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