
$1,650,000 USD
Commercial for Sale, 374 Wickenden Street, Providence, Rhode Island 02903
- MLS#1404400
- Minimum sellable space
420 m² (4,525 ft²)
Listed By William Raveis Inspire
The Commercial Property for Sale located at 374 Wickenden Street, Providence, Rhode Island 02903 is currently for sale. 374 Wickenden Street, Providence, Rhode Island 02903 is listed for $1,650,000.
Property features
Property
- Property size:
420 m² (4,525 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
243 m² (2,614 ft²) - Lot description: Sidewalks
Construction
- Year built: 1900
- Basement and foundation: BrickFull Basement
Heating and Cooling
- Heating system: OilForced Air
- Cooling system: Air Conditioning
Description
Mixed-Use Building in a prime location with fully rented residential units until May 31, 2027, and a long-standing and popular
pizza place on the first floor on a NNN lease. Fully renovated to the studs within the last ten years or so by the previous owner.
This property has had virtually no vacancy during the current ownership. The residential units are comprised of a 3-bed / 1-bath
unit on the second floor, and a 4-bed / 2-bath townhouse on the third and fourth floors. Each unit offers central air, in-unit
laundry, and modern kitchens and bathrooms. The restaurant tenant pays for a third of the owner's expenses and has an annual
2% rent increase. No parking on site. The easy access to Downtown Providence, interstates, and the short distances to Brown
University and RISD campuses make this building an attractive rental location and keep the restaurant business thriving. Solid
investment with virtually no vacancy rate and very low maintenance cost.
Location
374 Wickenden Street, Providence, Rhode Island 02903