Exceptional redevelopment opportunity in one of Providence's most dynamic waterfront neighborhoods. Formerly operated as a coffee shop, this property is located in an Residential zoning district and offers potential for residential redevelopment and other permitted uses, subject to municipal approvals. Situated directly across from the Washington Bridge corridor improvements and planned public open space enhancements, the location is poised to benefit from significant public investment. Enjoy walking distance access to India Point Park, waterfront recreation, bike paths, marinas and restaurants. Convenient access to I-195/I-95, hospitals, universities and the East Side. Whether for redevelopment, investment, or future owner-occupancy, this property presents a unique opportunity in a rapidly evolving neighborhood. Buyer to perform all due diligence regarding zoning, permitted uses, and development potential. Property sold As-Is-Where-Is. Cross posted Residential 73544151
60 Gano St, Providence, RI, 02903
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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