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190 - 200 Newport Avenue East Providence

$1,450,000
0 51,749 sq ft

The Property

High visibility retail location! Consisting of eleven rental units all currently rented as retail establishments or service businesses. This commercial property also includes two warehouse spots with 18 foot doors, updated units and updated roof. The lot size is 51,749 SF with 80 paved parking spots. The eleven units consist of 21,650 square feet of gross space.

Located near other thriving business on a very high traffic street. The sites are situated on the easterly side of Newport Avenue (Route 1) on the northerly corner of Circle Street and the southerly corner of Taylor Drive. This is already a profitable opportunity for the investor! Fabulous, no fail location!

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Listing Details

MLS Number

1309700

Lot Size:

1.19 acres

Features

  • Security Lights
  • Heating: Gas Connected
  • Laundry
  • Type: Dental,Medical,Mixed Use,Office,Regional Mall,Retail
  • Year Built: 1950

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today16-88.1% decrease in inventory
    New on Market *4300% increase in new listings
    Avg. Asking Price/Sq.Ft. *$136.15$134 increase in List Price/Sq.Ft.
    Avg. Sale Price *$875,000$500,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%12% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$64.81$65 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *316163 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by RE/MAX River's Edge

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