395 Westminster Street Providence, RI $ 1,950,000
395 Westminster Street
$ 1,950,000
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395 Westminster Street

Providence, RI, 02903
$ 1,950,000
Baths0.0

Monthly Estimate*

$ 13,621

395 Westminster Street, Providence, RI 02903 - Image 1
Studio

Commercial Property for sale in Providence, RI

for $1,950,000. This building was built in 1900 on a lot size of 0.12.

Opportunity knocks for you at this highly trafficked corner of Empire St and Westminster St. 1st floor is occupied by 3 tenant: restaurant, bar/restaurant and an "Escape Room". The 2nd floor is a blank canvas ready for your new vision. This building totals 9720 sqft of above grade space plus almost 5000 sqft in the basement. Located just steps from the Dunkin Donuts Center, historic Federal Hill, PPAC, and walking distance to world-class dining, shopping, and amenities. The spaces feature central air and natural gas heat. This property is within an Opportunity Zone, with significant upside potential. Don't hesitate to secure your future in Downtown Providence

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Commercial Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 49,600

Style

Commercial

Lot Size

0.12

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1354370

Features
General
Sewer Connected Sanitary
Heating Gas
Cooling CentralAir
Utilities ElectricityAvailable NaturalGasConnected MunicipalUtilities WaterConnected SewerConnected
Possession Negotiable
Security Features FireSprinklerSystem
Construction Materials Masonry
Year Built 1900
Electric CircuitBreakers
Tenant Pays AirConditioning CommonAreaMaintenance Electricity Gas Heat HotWater Insurance Sewer Taxes TrashCollection Water
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2023
Business Type ArtsandEntertainment BarTavernLounge FoodBeverage HealthServices ProfessionalOffice Restaurant Retail
Community Features HighwayAccess PublicTransportation Restaurant Shopping HighTrafficLocation StreetLights Sidewalks
County Providence
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Downtown
Possible Use Commercial Investment MedicalDental Office Residential Retail
Garage Y/N N
Building Features PublicRestrooms
Status Active
City Providence
Buyer Agent Compensation 2% VNS
View Y/N N
Senior Community Y/N N
Total Units 0
Lot Size Square Feet 5227.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Westminster
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 49600.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 18
Structure Type Apartment
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 1413100
Tax Lot 310
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Interior
Basement Full
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 0.0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features CornerLot
Water Source Connected Public
Total Parking 0.0
Lot Size Area 5227.0
Number of Buildings 1
Spa N
Building Area Total 0.0
Lot Size Acres 0.12
Frontage Length 171
Lot Size Units SquareFeet
Road Frontage Type CityStreet StateRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 395
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

Showings@Spectrumrec.com

Email

Affordability Calculator

$17,755
Per Month
77%
23%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
$4,133
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2024$1,950,000 Listed Price

Map


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395 Westminster Street, Providence, RI, 02903 is a Commercial Property for sale at $1,950,000 with a lot size of 0.12. 395 Westminster Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02903 which is in Providence, RI