365 Atwells Avenue, Providence, RI, 02903
1895
Phenomenal opportunity in the heart of Historic Federal Hill, Providence! Package deal - This mixed-use building is being sold in combination with adjacent vacant lots, 172 Spruce & 4 McCoy (Corner lots - Atwells & Spruce), to provide the perfect opportunity for development. All three parcels are zoned C2. 365 Atwells Ave provides a solid, well-maintained, brick building, currently includes 6 residential units, and one long-standing, award-winning Italian Restaurant. Many long-term tenants with excellent rental history are currently priced well below market value. This building has been well-maintained with several recent upgrades, including brand new roof, new vinyl siding, and exterior carpentry/paint improvements. Gas and electric are all separately metered (tenants pay). Each unit has their own unique features, including one 3rd floor unit that expands into a 4th floor loft space. Each unit provides central AC/heat. Great parking. Highly sought-after location, walking distance to downtown and centrally located to shopping, entertainment, and Historic Federal Hill charm. Easy access to train station, public transportation, and highways. 5-10 minutes to area hospitals (RI Hospital, Hasbro, Women & Infants, Roger Williams, VA Med Center), universities (JWU, PC, RIC, Brown, RISD), and state offices. Quick commute to Boston. Invest in Providence's booming housing market. Lead certificates are current. Restaurant has net lease, inquire for detailed expense info.
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Units:
1
Zoning:
C2
Complex:
FEDERAL HILL
Heating:
Central
Cooling:
Central Air
Basement:
Partial
Parking:
10-car
Est. Taxes:
$44,666
Assessment
$1,020,900
Permitted Use
Commercial,Development
Construction
Brick,Other
Utilities
Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Lot Description:
Corner Lot
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks, High Traffic Location, Street Lights
Days on Market:
10
MLS #:
1397351
Community Info
School Info
Walk Score
Mass Transit
Yelp
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