DePasquale Square

Retail-Commercial for Sale
Also listed as Hospitality, Multi-Family
Catylist Listing ID: 30362403
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 22,280 SF
Gross Land Area: 0.38 Acres
Sale Price: See Agent
Property Use Type: Investment
Building Name: DePasquale Square
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/28/2019

Overview / Comments

DePasquale Square is comprised of four mixed-use properties and a 5,227± square foot parking lot on America Street. The properties were constructed in 1900 and renovated over the years. The first building is a 5,136± square foot, three-story building with a restaurant the first floor and three apartments on the upper levels. The second building is a 4,361± square foot building with a cafe on the first floor and two apartments on the upper levels. The third building is a 10,539± square foot, three-story building that was converted into 24 micro lofts in 2017. The fourth building is a 2,244± square foot retail building with a courtyard and 680± square foot wooden deck. DePasquale Square is located on Federal Hill in Providence. The parking lot is located three blocks away on the corner of America and Africa Street.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Zoning: COMMERCIAL - C2
Retail Clientele: General, Tourist
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 4
Property Condition: Good
Year Built: 1900
Year Renovated: 2017
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 44,012 262,224 462,914
Median Age: 30.55 33.25 36.33
Households: 17,173 97,658 180,007

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