Address
29 Elmwood Ave, Providence, RI
Price
$ 2,190,000
Property Attributes
  • MLS#73207890
  • TypeCommercial
  • CountyPROVIDENCE
  • CityProvidence
  • AreaEast Side
  • Zip02907
  • StyleCommercial
  • Year Built1960
  • Taxes$ 16157
  • Price$ 2,190,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents. Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft

Price History
3/3/2024 Listed $2,190,000

General Features

Zoning C-2
Year Built 1960
Tax Year 2023
Business Type Commercial
County Providence
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions on Elmwood
City Providence
Senior Community Y/N No
Zoning Description Legal Conforming
MLS Area East Side
Lot Size Square Feet 5781
Waterfront Y/N No
Street Name Elmwood Ave
Tax Annual Amount 16157
Home Warranty Y/N No
Building Area Units Square Feet
Lease Type NNN
Standard Status Active

Exterior Features

Lot Size Area 0.13
Lot Size Acres 0.13
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02907

Price
AVG $1.16M
$2.19M
Taxes
AVG $12,884
$16,157
Visits
AVG 79
165
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1960

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