312 Veazie St - Restaurant FOR SALE


Providence, RI 02904
$875,000 USD
401-421-5300
312 Veazie St, Providence, RI for Sale
$875,000 USD
Restaurant - FOR SALE
1/48
null | Request Cap Rate

312 Veazie St
Providence, RI 02904


OVERVIEW

Prime Investment Opportunity Near PC! Located at 312 Veazie Street, this fully renovated mixed-use property is perfect for investors & entrepreneurs. The first floor, previously home to McCormick's Pub, is ready for a new business, with build-out plans available. This space is ideal for retail, bar or residential use. ** The property features updated heating, electrical and plumbing systems. The upper levels offer high-quality residential units. The second floor includes a three-bedroom, one-bathroom unit with a walk-out deck, stainless steel kitchen appliances, quartz countertops, & spacious bedrooms. The third & fourth floors comprise a townhouse-style unit with seven bedrooms & two full bathrooms, maintaining the same high-end finishes, ideal for student rentals.** Situated on an 8,000+-sf lot, the property provides ample parking & includes a detached three-car garage, offering additional income potential. A hydro-air gas heating system ensures efficient heating throughout the building.** This property's prime location near PC & downtown Providence makes it highly attractive for various tenants, including students and professionals. Whether utilized as a mixed-use space or converted entirely to residential units, 312 Veazie Street offers substantial income potential. Truly a versatile property with endless possibilities!

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Concannon St

LAND ACRES

0.19 AC

LAND SF

8,268 SF

ZONING

R2

APN/PARCEL ID

PROV-000102-000000-000119

ASK ABOUT THIS PROPERTY

Joy RileyWestcott PropertiesMore Info
401-421-5300

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Joy RileyWestcott PropertiesMore Info
401-421-5300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.