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29 Elmwood Avenue Providence

$2,190,000
0 5,781 sq ft

The Property

This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents.

Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft

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Listing Details

MLS Number

1353597

Lot Size:

0.13 acres

Features

  • Heating: Central Air, Central Heat
  • Type: Retail
  • Year Built: 1960

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today62-88.9% decrease in inventory
    New on Market *19-9.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$194.27$24 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,032,500$318,833 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.33%1.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$165 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5093 decrease 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 Lamacchia Realty, Inc

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