132 George M Cohan Blvd. Office Space

Office for Sale
Catylist Listing ID: 30408728
Property Subtypes: Office Building
Building Size (RSF): 8,007 SF
Gross Building Area: 9,741 SF
Gross Land Area: 3,120 SF
Sale Price: $1,200,000
Unit Price: $149.87 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: The Wellness Center
Class of Space: Class B
Core Factor: 8,007%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2019

Overview / Comments

The Wellness Center Building is located in the East Side of Providence area abutting Interstate 195 providing the location with extremely high visibility. Stately in design and a recognizable landmark with it's three flag poles extending above the roof line. The lower level is available for sale and is built-out with 6 offices, bathroom, reception area and conference room. Both the first and second floors are leased by The Center for Women & Enterprise. Building was completely renovated in 2005. Sale with option to Lease is negotiable.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 018-0249
Zoning: R-2
Property Located Between: Wickenden St. & Interstate 195
Property Visibility: Excellent
Highway Access: Gano Street Exit off of Interstate 195 or Interstate 95 at Point St.
Airports: Green State Airport
Site Description: The site is entirely improved with the office building except for walkways.
Area Description: East Providence is the education center of Providence with Brown University, Rhode Island School of Design, and Moses Brown School to name a few. It is a mixture of high end homes, student housing, multifamily structures, and commercial and retail centers. It is one of the preferred areas to live, attend school or shop. The community is a mix of students and professionals.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950
Year Renovated: 2005
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Classic lines rectangular 2 story structure with a flat roof, over-sized windows with grid patterns that give the building a historical feel. Three flag poles cap the front top of the structure making it identifiable from Interstate 195.
Parking Type: Surface
Parking Description: Typical of the area, it has legal street parking.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Internet Access: Cable
Interior Description: Lower level finished with 6 offices, bathroom, conference area, reception area and small kitchenette. Floor finished predominately with wall to wall carpeting and smaller areas finished with tile. Walls are plastered or wood panel.
Zoning Description: R-2
Lot Frontage: 41
Lot Depth: 76

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,442 231,463 441,543
Median Age: 28.93 33.26 36.27
Households: 10,199 86,511 171,287

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