Signalized Intersection on Mineral Spring

Retail-Commercial for Sale
Catylist Listing ID: 30321005
Property Subtypes: Street Retail
Building Size (RSF): 16,000 SF
Sale Price: $1,300,000
Unit Price: $81.25 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Average Occupancy Rate: 90
Last Updated: 12/14/2019

Overview / Comments

Landmark North Providence location at a signalized intersection. Could be a nice investment property with retail and personal-service tenants, furniture store etc. Plenty of off street parking.

Do not disturb tenants.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Town of North Providence
Tax ID/APN: NPROM:5L:748
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Mineral Spring Ave
Feet of Frontage: 100
Traffic/Vehicle Count: 26,000
Highway Access: Minutes from Route 146
Airports: North Central is within 12' drive and TF Green is within 20' drive.
Site Description: Street retail with paved parking along the side and behind the building.
Area Description: Mineral Spring Ave is the main retail arterial in North Providence.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 8,000 SF
Property Condition: Good
Year Built: 1980
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Cement block exterior with a rubber membrane, flat, roof. Street side of the building has large "showroom windows". Loading dock in rear.
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: Striped, along the side and behind the building.
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL
Interior Description: Upper level is designed to support a retail store tenant. Lower level is demised for smaller personal-service tenants.
Zoning Description: General Business - Retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,544 188,046 394,363
Median Age: 42.5 34.79 35.4
Households: 8,174 71,637 150,599


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