834-836 Admiral Street

Retail-Commercial for Sale
Catylist Listing ID: 30007356
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 1,854 SF
Gross Land Area: 2,184 SF
Sale Price: $148,000
Unit Price: $79.83 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Mello Building
Usable Size (USF): 1,854 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

SOLID BRICK/MASONRY BUILDING CONSISTING OF 2 UNITS WITH SEPARATE UTILITIES. COULD BE COMBINED INTO 1 UNIT. TENANTS ARE MTM. NEW HVAC. WOULD MAKE A GREAT LOCATION FOR A NEIGHBORHOOD BUSINESS. FLOWER SHOP, SANDWICH SHOP, HAIR SALON. BRING OFFERS!

LOCATED ON ADMIRAL STREET JUST MINUTES TO PROVIDENCE COLLEGE. SITS IN THE CENTER OF A DENSELY POPULATED RESIDENTIAL NEIGHBORHOOD WITH A HIGH DEMAND FOR RETAIL SERVICES.

Highlights:
•HIGHLY VISIBLE CORNER LOCATION
•CENTRAL AIR
•INVESTMENT OR OWNER/USER
•MULTIPLE POTENTIAL USES
•OCCUPIED WITH MONTH TO MONTH TENANTS
•SEPARATE UTILITIES

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,795 (Annual)
Tax Value Land $41,900
Tax Value Improvements $61,500
Assessed Value - Total($) $103,400 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: 124/508
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Largest Nearby Street: River Avenue
Traffic/Vehicle Count: 7,800
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,854 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Block, Brick
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: 31,377 229,698 423,221
Median Age: 34.45 33.81 35.6
Households: 11,520 87,161 162,470

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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