73 Empire St

73 Empire St , Providence, Rhode Island, 02903 | 9,720 sq.f | $ 1,950,000

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About This Restaurant

Investment Highlights

Downtown Providence

Executive Summary

Opportunity knocks for you at this highly trafficked corner of Empire St and Westminster St. 1st floor is occupied by 3 tenant: restaurant, bar/restaurant and an "Escape Room". The 2nd floor is a blank canvas ready for your new vision. This building totals 9720 sqft of above grade space plus almost 5000 sqft in the basement. Located just steps from the Dunkin Donuts Center, historic Federal Hill, PPAC, and walking distance to world-class dining, shopping, and amenities. The spaces feature central air and natural gas heat. This property is within an Opportunity Zone, with significant upside potential. Don't hesitate to secure your future in Downtown Providence

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Bar General Retail Restaurant General Retail Storefront Retail/Residential Storefront Retail/Office
  • Building Size    9,720
  • Building Class    C
  • Year Built/Renovated    1900/1989
  • Price    1,950,000
  • Price Per SF    201
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Slab To Slab    11?
  • Building FAR    1.86
  • Land Acres    0.12 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signalized Intersection
  • Air Conditioning

Nearby Amenities & Transportation

Retail HarborOne Bank
Retail Starbucks
Retail TD Bank
Retail Chase
Retail Saladworks
Retail Webster Financial Corporation
Retail Fleming's Prime Steakhouse & Wine Bar
Retail The Capital Grille
Retail Rockland Trust Bank
Retail Outback Steakhouse

Property Taxes

Parcel Number PROV-250310-000000-000000 Improvements Assessment $334,700
Land Assessment $1,078,400 Total Assessment $1,413,100
Date Created: 2024-07-16 04:23:35 Last Updated: 2024-07-16 04:23:35
Address: 73 Empire St , Providence, Rhode Island, 02903