Premium Medical Office Condominium

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30435536
Property Subtypes: Medical
Status: Pending/Contingent
Building Size (RSF): 1,710 SF
Gross Building Area: See Agent
Sale Price: $249,900
Unit Price: $146.14 PSF
Property Use Type: Vacant/Owner-User
Building Name: Moshassuck Medical Center
Class of Space: Class B
Usable Size (USF): 1,710 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/27/2019

Overview / Comments

Beautiful corner unit on the 4th floor of this prominent Medical Office Building. This light bright modern suite was completely remodeled in 2006 and features 2 bathrooms, full kitchen area, spacious waiting area, reception station and multiple private offices and exam/treatment rooms. This suite is a must see for any medical professional seeking a first class location.

This is a fully renovated medical office condominium with great light.
Condo fee is $1,845 monthly and includes all expenses (utilities, common area maintenance, janitorial, master insurance, landscaping, snow removal, and exclusive physician parking.

Ideally located at 1 Randall Square between Charles St. and North Main St. with superior highway access to Route's 95 and 146. Convenient to Miriam Hospital, Brown Medical and RI Hospital. Just minutes to Downtown Providence.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,754 (Annual)
Tax Value Improvements $156,400
Assessed Value - Total($) $156,400 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: PR 002-0274-00021
Zoning: MEDICAL OFFICE CONDO
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 1972
Year Renovated: 2006
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Parking Description: Exclusive Physician Parking. Ample Patient Parking.
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 38,462 255,157 450,033
Median Age: 29.4 33.39 36.06
Households: 14,121 96,192 174,582

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