862 Charles St 7,272 SF 100% Leased Office Building Providence, RI 02904 £587,195 (£80.75/SF)

EXECUTIVE SUMMARY

OWNER FINANCING AVAILABLE OWNER WILL HOLD FIRST MORTGAGE WITH 15% DOWN UP TO 5 YEARS, INTEREST RATE NEGOTIABLE. 3 LARGE COMMERCIAL CONDOS AT 7272 SQFT. !!!!!!! SPLIT INTO 3 UNITS WILL SELL EACH UNIT SEPERATELY ALSO ASKING PRICE $275000.00 EACH !!!!!!!!!!!! WITH SPERATE ENTRANCES BOILERS , ELECTRIC.AND AC THIS PROPERTY CAN ALSO BE USED AS 1 LARGE 7272 SQFT UNIT. ZONED COMMERCIAL VILLIAGE. MANY USES ARE AVAILABLE. PARKING FOR OVER 20 AUTOS. AND AT 1 TIME 2 LARGE GARAGES WITH 10 FT CEILINGS. OWNER WHO IS CONTRACTOR WILL REVERT BACK TO GARAGES FOR NEW BUYER IF NECESSARRY. BUILDING IS IN GREAT SHAPE 6 PLUS BATHROOMS, 3 PHASE ELECTRIC, STEEL BEAMS THROUGHOUT. A REAL UNIQUE PROPERTY. GREAT FOR 1 TENANT OR OWNER OCCUPY 1 SPACE AND RENT OUT THE OTHER 2. ******************* PLEASE NOTE THE OWNER HAS SEPERATED THIS PROPERTY WITH FRONT PROPERTY DUPLEX UNIT ON CHARLES ST SO MORE ACCURATE TAX NUMBERS , LOT NUMBERS ETC. WILL COMESHORTLY.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,272 SF
Building Class
C
Year Built
1983
Price
£587,195
Price Per SF
£80.75
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
7,272 SF
Building FAR
0.58
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CV - Commerical Village
Parking
20 Spaces (2.75 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Signage

PROPERTY TAXES

  • Listing ID: 34699768

  • Date on Market: 03/02/2025

  • Last Updated:

  • Address: 862 Charles St, Providence, RI 02904