Price Reduction - Golf Course
Address
931 Smith Street Providence, RI
Price
$ 475,000
Property Attributes
  • MLS#1280325
  • TypeCommercial
  • CountyPROVIDENCE
  • CityProvidence
  • AreaProvidence
  • NeighborhoodElmhurst
  • Zip02908
  • StyleOffice
  • Year Built1966
  • Taxes$ 12389
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2961
  • Lot Size6,212 SqFt
Listing Provided Courtesy Of:
RE/MAX Properties
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Great opportunity for the professional occupant or investor to acquire this unique "mixed use" property offering 2 apartment units with existing leases totalling $2,100 per month in addition to 1,269 sft of office space on 1st floor. Updated windows, vinyl siding, furnace, & roof. Plenty of off street parking in rear. Fire alarm system to be installed up to code prior to closing. Current office space conforms to Covid compliance. All existing dental equipment and associated fixtures to be removed prior to closing. Both tenants are assigned 1 space parking (6 total which includes handicap space. High voltage outlet recently installed for electric vehicle charging. Don't miss this chance to be located in the heart of Elmhurst close to all conveniences with quick highway access! Seller will also consider a short period leaseback after closing. Great opportunity to obtain low down payment SBA financing for business owners who qualify. Priced to sell, so don't delay for your showing appointment.

Price History
4/16/2021 Listed $549,000
5/14/2021 4% - $529,000
6/2/2021 11% - $475,000

General Features

Association Amenities Business Center, Playground, Restaurant
Building Features Public Restrooms
Business Type Mixed
Community Features Business Center, Golf, Highway Access, Near Hospital, Near Schools, Playground, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights, Sidewalks
Construction Materials Other
Cooling Central Air
Current Use Office
Electric 100 Amp Service, 200+ Amp Service
Heating Forced Air, Gas, Other
Listing Agent State License RES.0020518
Possible Use Office
Property SubType Office
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Building Security, Security Lights
Sewer Connected, Public Sewer, Storm Sewer
Structure Type Apartment
Subdivision Name Elmhurst
Terms Lease Back
Total Units 3
Utilities Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Phone Available, Water Connected, Sewer Connected
Virtual Tour https://tour.RiLiving.com/931-Smith-ST-Providence-RI-02908
Zoning RP

Interior Features

Above Grade Finished Area 2961
Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Foundation Details Concrete Perimeter
Lot Features Corner Lot
Lot Size Area 6212
Lot Size Square Feet 6212
Number of Buildings 2
Road Frontage Type City Street, State Road
Road Surface Type Asphalt, Paved
Total Parking 6
Water Source Connected, Public

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 02908

Price
AVG $660K
$480K
Taxes
AVG $8,838
$12,389
Visits
AVG 17
33
Year Built
AVG 1938
1966

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