Address
395 Westminster Street, Providence, RI
Price
$ 1,950,000
Property Attributes
- MLS#1354370
- TypeCommercial
- CountyPROVIDENCE
- CityProvidence
- NeighborhoodDowntown
- Zip02903
- StyleCommercial
- Year Built1900
- Taxes$ 49600
- Price$ 1,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Opportunity knocks for you at this highly trafficked corner of Empire St and Westminster St. 1st floor is occupied by 3 tenant: restaurant, bar/restaurant and an "Escape Room". The 2nd floor is a blank canvas ready for your new vision. This building totals 9720 sqft of above grade space plus almost 5000 sqft in the basement. Located just steps from the Dunkin Donuts Center, historic Federal Hill, PPAC, and walking distance to world-class dining, shopping, and amenities. The spaces feature central air and natural gas heat. This property is within an Opportunity Zone, with significant upside potential. Don't hesitate to secure your future in Downtown Providence
| Price History | |
|---|---|
| 3/9/2024 | Listed $1,950,000 |
General Features
| Sewer | Connected,Sanitary |
|---|---|
| Heating | Gas |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected,SewerConnected |
| Possession | Negotiable |
| Security Features | FireSprinklerSystem |
| Construction Materials | Masonry |
| Year Built | 1900 |
| Electric | CircuitBreakers |
| Tenant Pays | AirConditioning,CommonAreaMaintenance,Electricity,Gas,Heat,HotWater,Insurance,Sewer,Taxes,TrashCollection,Water |
| Stories | 2 |
| Levels | Two |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | ArtsandEntertainment,BarTavernLounge,FoodBeverage,HealthServices,ProfessionalOffice,Restaurant,Retail |
| Community Features | HighwayAccess,PublicTransportation,Restaurant,Shopping,HighTrafficLocation,StreetLights,Sidewalks |
| County | Providence |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Downtown |
| Possible Use | Commercial,Investment,MedicalDental,Office,Residential,Retail |
| Garage Y/N | No |
| Building Features | PublicRestrooms |
| Status | Active |
| City | Providence |
| Buyer Agent Compensation | 2% VNS |
| View Y/N | No |
| Senior Community Y/N | No |
| Lot Size Square Feet | 5227.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Number of Units Leased | 3 |
| Street Name | Westminster |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 49600.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 18 |
| Structure Type | Apartment |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Tax Assessed Value | 1413100 |
| Tax Lot | 310 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 0.0 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | CornerLot |
|---|---|
| Water Source | Connected,Public |
| Total Parking | 0.0 |
| Lot Size Area | 5227.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 0.0 |
| Lot Size Acres | 0.12 |
| Frontage Length | 171 |
| Lot Size Units | SquareFeet |
| Road Frontage Type | CityStreet,StateRoad |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
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 02903
Price
Taxes
Visits
Year Built
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