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500 N Broadway East Providence

$750,000
0 4,896 sq ft

The Property

Fully remodeled in 2011, this well-maintained two-unit commercial building has strong visibility in a high traffic area. Off street parking to accommodate 24 vehicles and equipped with a two lane drive-thru. New TPO white membrane roof installed in 2017 along with 72, Seller-owned Solar Panels (29,535kWh est annual production). Unit 1, consisting of 3,503 sq ft, is currently owner occupied and being utilized as office space with 4 private offices, an open floor plan with 9 partitioned desks, vault/dataroom, conference room, three bathrooms, and an employee breakroom.

Unit 2, consisting of 1,353 sq ft, has a separate entrance, open floor plan, second vault, restroom and lease runs through October of 2025. Located in the (C-2 zone), permitted use schedule attached.

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Listing Details

MLS Number

1366537

Lot Size:

0.40 acres

Features

  • Basement: Full
  • Drive-thru
  • Restrooms
  • Heating: Forced Air
  • Type: Office
  • Year Built: 1985

Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today15-89.7% decrease in inventory
    New on Market *1-75% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$115 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$270,000$19,750 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *75.21%-16.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$158.82$142 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *17178 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 Marble House Realty, Inc.

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