7 Dike St - Manufacturing FOR SALE


Providence, RI 02909
$699,900 USD
508-726-3492
7 Dike St, Providence, RI for Sale
$699,900 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

7 Dike St
Providence, RI 02909


OVERVIEW

Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000 square feet) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units. Qualifies for state tax credits. Phase I and Phase II environmental completed. Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,894

ZONING

C4

APN/PARCEL ID

PROV-000035-000000-000341

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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