999 South Broadway East Providence

$2,000,000
11,385 sq ft

The Property

This three-story, 11,385-square-foot brick office building combines functionality with convenience and is serviced by a passenger elevator. Originally constructed as the headquarters for a local credit union, it offers versatile spaces across its three floors:

First Floor (3,795 sq. ft.): Currently vacant, this floor formerly housed a credit union branch. Features include a bank vault, drive-up lanes, and teller windows, making it adaptable for various uses.

Second Floor (3,795 sq. ft.): Currently occupied by the building owner, who operates a medical practice, this space is available under a lease-back agreement. The proposed terms include a three-year lease with two optional one-year extensions.

Third Floor (3,795 sq. ft.): Currently leased by an advertising agency, ensuring an established tenant.

The property features excellent visibility, ample onsite parking, and additional parking across the street for staff and company vehicles. Conveniently located just minutes from Route 95 and downtown Providence, it is also a mere 45-minute drive from Boston.

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Listing Details

MLS Number

1383427

Lot Size:

0.65 acres

Features

  • Basement: Full
  • Drive-thru
  • Elevator
  • Restrooms
  • Security Lights
  • Sprinklers
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Schools
  • Shopping
  • Tennis
  • Heating: Forced Air, Individual Control
  • Heating Fuel: Forced Air, Individual Control
  • Laundry
  • Paved
  • Sidewalks
  • Free Standing
  • Suburban
  • Year Built: 1980

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Market Trends for Commercial Properties
in East Providence

  • Overview
    Homes for Sale Today22-86.7% decrease in inventory
    New on Market *2-60% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.94$205 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$262,500$262,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *77.51%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$79.97$80 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *139139 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?

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

Listed by Coldwell Banker Realty

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