417 Broad Street

Retail-Commercial for Sale
Catylist Listing ID: 30457826
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Status: Proposed
Building Size (RSF): 2,150 SF
Gross Land Area: 3,050 SF
Sale Price: $229,000
Unit Price: $106.51 PSF
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 2,150 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2019

Overview / Comments

FORMER PIZZA PARLOR WITH 3 BEDROOM APARTMENT UPSTAIRS. PIZZA BUSINESS IS CLOSED BUT EASY START UP WITH MOST EQUIPMENT STILL IN PLACE. BUILDING IS FIRE CODED, DUCTLESS A/C. BUILDING NEEDS SOME RENOVATION BUT THIS COULD BE A GOLD MINE FOR THE RIGHT PERSON.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: CU 007-0479-000
Zoning: CB
Retail Clientele: General, Traveler, Recreation
Property Located Between: CUMBERLAND AND PAWTUCKET
Property Visibility: Excellent
Largest Nearby Street: BROAD
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 768 SF
Property Condition: Poor
Year Built: 1940
Construction/Siding: Wood Siding
Total Parking Spaces: 3
Parking Description: THREE CAR PARKING PLUS STREET PARKING
Heat Type: Electricity, Natural Gas
Heat Source: Central, Wall Units
Air Conditioning: Other
Interior Description: PIZZA PARLOR IN GOOD CONDITION, SECOND FLOOR APARTMENT NEEDS WORK
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,905 113,832 264,184
Median Age: 41.5 37.5 38.57
Households: 6,069 44,500 105,105

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