191 Nashua Street Providence, RI

Office for Sale
Catylist Listing ID: 30735287
Property Subtypes: Medical, Flex Space
Building Size (RSF): 7,100 SF
Gross Land Area: 10,000 SF
Sale Price: $800,000
Unit Price: $112.68 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/3/2021

Overview / Comments

7,100 SF, mixed use, 5,000 SF very good quality medical office, three-two bedroom apartments, 10 car parking.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $22,300 (Annual)
Tax Value Land $205,000
Tax Value Improvements $401,700
Assessed Value - Total($) $606,700 (Annual)
Potential Rental Income $145,000 (Annual)
Gross Operating Income $145,000 (Annual)
Net Operating Income $75,000 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 075-0155
Zoning: C-4, COMMERCIAL
Property Located Between: North Main Street & Route 95
Property Visibility: Good
Site Description: 10,000 SF, level at grade, all utilities, C4 zone, 10 car parking.
Area Description: Off North Main Street, busy commercial area, proximate to Miriam Hospital, easy highway on and off.
Total Number of Buildings: 2
Number of Stories: 25
Year Built: 1950
Year Renovated: 2018
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface
Total Parking Spaces: 10
Zoning Description: C-4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,284 248,847 426,926
Median Age: 35.75 34.45 35.66
Households: 10,591 96,859 163,653

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