Price Reduction
Address
671 Broad Street, Providence, RI
Price
$ 1,100,000
Property Attributes
  • MLS#1354960
  • TypeCommercial
  • CountyPROVIDENCE
  • CityProvidence
  • Zip02907
  • StyleCommercial
  • Year Built1900
  • Taxes$ 12341
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6136
  • Lot Size0.39 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Beautiful 6000+ square foot (2,936 First floor, 3,246 Upper Story) mixed use historical property in a prime location that would be great for a business due to high pedestrian traffic and other retail businesses in the area. 30 on-site parking spaces for employees and clients and a 1500+ square foot garage that offers convenient and unique storage capabilities for a property of this kind. Tremendous Rental income potential from 2nd and 3rd floor Apartment units totaling 3246 square ft. The property has garnered much interest from local entrepreneurs, short-term rental companies, businesses and state organizations. Owner is retiring from the funeral business and is Looking for the buyer or investor with the right vision for the property.

Price History
3/20/2024 Listed $1,200,000
4/6/2024 9% - $1,100,000

General Features

Sewer Connected
Heating Baseboard,ForcedAir,Gas
Cooling CentralAir
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,MunicipalUtilities,WaterConnected,SewerConnected
Zoning C-1
HOA 0.0
Security Features ClosedCircuitCameras,CarbonMonoxideDetectors,FireAlarm,SecuredGarageParking,SmokeDetectors
Construction Materials Frame
Year Built 1900
Electric Item200AmpService,CircuitBreakers,Fuses
Stories 3
Levels ThreeOrMore
Property SubType Commercial
Tax Year 2022
Community Features HighwayAccess,PublicTransportation
Business Name Providence Memorial Funeral Home
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Development,MultiFamily,MixedUse,Residential
Garage Y/N No
Status Active
City Providence
Buyer Agent Compensation 0%
View Y/N No
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 17054.0
Waterfront Y/N No
Carport Y/N No
Street Name Broad
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 12341.0
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
Virtual Tour https://tour.RiLiving.com/671-Broad-ST-Providence-RI-02907
Days on Market 28
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 502500
Tax Lot 202/203/204
MobileHomeRemainsYN No

Interior Features

Total Stories 3
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 6136.0
Street Suffix Street
Laundry Features CommonArea
Electric On Property Y/N No

Exterior Features

Lot Features HistoricDistrict
Water Source Public
Total Parking 0.0
Lot Size Area 17054.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 6136.0
Lot Size Acres 0.39
Lot Size Units SquareFeet
Road Frontage Type CityStreet
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 02907

Price
AVG $1.16M
$1.1M
Taxes
AVG $12,884
$12,341
Visits
AVG 88
66
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1900

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