Mixed Use with Sub-Dividable Buildable Lot in The Heart of Elmhurst
Retail-Commercial
for Sale
Also listed as Hospitality
| Catylist Listing ID: |
30699473 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
4,600 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$895,000 |
| Unit Price: |
$194.57 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/14/2021 |
Overview / Comments
|
Mixed Use in the heart of Elmhurst! Located on an extremely busy 4 way intersection, this 3 level property is an investors dream! Close to Providence College with great rental potential as well as zoning for many different types of business on the first floor. To add to this prime location is the potential of a sub dividable 11,000 sq ft buildable lot. Currently used as a 16 spot parking lot. This property is permitted for C-1 zoning so the business possibilities are endless. Bar, Restaurant, Day Care, Bank, Multi-Family, Medical Offices are just a few of the options here. Commercial business in the past have been Dunkin Donuts, successful hookah bar, & office. Hard wired C/O & Smokes with updated electrical. Residential leases in place bringing in $3.000 a month. Currently below market rent. Pictures for residential units coming soon. Walk through videos can be sent to interested buyers. Buyer to perform due diligence on buildable lot. Act now, because this is a rare find in Providence.
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Providence |
| Tax ID/APN: |
PR 118-0412 |
| Tenancy: |
Multiple Tenants |
| Number of Stories: |
3 |
| Typical SF / Floor: |
1,500 SF |
| Property Condition: |
Good |
| Year Built: |
1910 |
| Total Parking Spaces: |
16 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
31,725 |
244,670 |
427,603 |
| Median Age: |
32.94 |
33.88 |
35.73 |
| Households: |
11,413 |
93,053 |
164,960 |
|
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