862 Charles St - Office/Residential FOR SALE


Providence, RI 02904
$1,250,000 USD
401-575-1285
862 Charles St, Providence, RI for Sale
$1,250,000 USD
Office/Residential - FOR SALE
1/29
null | Request Cap Rate

862 Charles St
Providence, RI 02904


HIGHLIGHTS

  • Near Canada Pond.

OVERVIEW

Discover a unique investment opportunity with this well-maintained mixed-use property, offering both residential and commercial possibilities. Residential Component: Located on Charles Street, this property features a charming 2-family home with two renovated units. Each unit includes 2 bedrooms and has been updated to provide modern comforts. These ready-to-rent units are perfect for generating immediate rental income. Commercial Component: The second building on the property is a substantial 7,272 square feet masonry structure built in 1982. Zoned CV (Commercial Village), it offers a multitude of potential uses. Currently, the building is divided into three separate units, each with its own utilities, including three-phase electric, sewer, water, and gas. The building is equipped with an up-to-date fire alarm system and includes bathrooms in both common areas and private units, ensuring convenience for businesses and tenants alike. The well-maintained facility is ideal for running a business while benefiting from rental income from the residential units. This property presents a fantastic opportunity for investors or entrepreneurs seeking a versatile space with built-in income potential. Don't miss out on this exceptional chance to own a well-located, multi-use property with ample space and modern amenities.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

CV

APN/PARCEL ID

NPRO-000001-000000-000391

ASK ABOUT THIS PROPERTY

Riley WhiteKeller Williams RealtyMore Info
401-575-1285

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

Riley WhiteKeller Williams RealtyMore Info
401-575-1285

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