About This Restaurant
Investment Highlights
Transportation Oriented Development Overlay District C-2 Zoning Allows for Multifamily and Mixes Use Development Six Units of Residential and Two Retail Units Walking Distance to Miriam Hospital
Executive Summary
Generational Asset For Sale!! This four lot portfolio has a 2-unit retail building, two 3-unit residential buildings, two garages and a lot in the rear. This is perfect for an owner-operator looking to move their business to the busy North Main Street corridor while getting commercial and residential rental income. The C-2 Zoning allows multi-family, office, retail, restaurant and medical uses. Located on RIPTA's busy R-line, this site is in Providence's Transportation Oriented Development Overlay District. Right off I-95 and walking distance to the award-winning Miriam Hospital, this site has tremendous long-term potential.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Bulk/Portfolio Sale
- Property Type Retail
- Property Subtype Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Retail/Office Office Medical Storefront Retail/Residential
- Building Size 5,754
- Building Class C
- Year Built/Renovated 1950/1976
- Price 3,200,000
- Price Per SF 556
- Percent Leased 100
- Tenancy Multiple
- Building Height 3 Stories
- Building FAR 0.62
- Land Acres 0.21 AC
Amenities
- Bus Line
Property Taxes
| Parcel Number | PROV-750189-000000-000000 | Improvements Assessment | $170,200 |
| Land Assessment | $342,900 | Total Assessment | $513,100 |
| Date Created: | 2024-07-16 04:23:35 | Last Updated: | 2024-07-16 04:23:35 |
| Address: | 1158-1160 N Main St , Providence, Rhode Island, 02906 | ||