325 Illinois Street Central Falls, RI ^$ 599,000

325 Illinois Street

^$ 599,000

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325 Illinois Street

Central Falls, RI, 02863

^$ 599,000

Studio Baths0.0 Sq 4,800

Monthly Estimate*

^$ 3,981

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Studio

Commercial Property for sale in Central Falls, RI

for $599,000. This 4,800 square foot building was built in 1900 on a lot size of 0.15.

Prime Investment Opportunity Welcome to this amazing Industrial Commercial Space With Great Expansion Potential Including 3 Commercial Lots Expansion of The Building or added parking and 2 Levels of interior Commercial Space Totaling 4600 Sq Feet High 16 Ft Ceilings Which includes Garage Door Entrance Loading Dock 2 Office Areas a Guest Area 1Full Bathroom 1 Half Bath Beautiful Windows with Great Natural Sunlight Entry! You Don't want to miss this opportunity to own your own commercial building operate your own business or lease for positive cash flow or possible residential conversion and or mix used The possibilities are endless!!!

Commercial Pending

Price

^$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Loft

Lot Size

0.15

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1358833

Features

General

Sewer Connected

Heating Gas SpaceHeater

Cooling AtticFan WindowUnits WallUnits

Utilities ElectricityAvailable NaturalGasAvailable NaturalGasConnected SewerConnected

Possession Negotiable

Zoning R-2

Architectural Style Loft

Security Features SecuredGarageParking

Construction Materials Brick

Year Built 1900

Electric Item100AmpService

Stories 2

Levels Two

Property SubType Commercial

Tax Year 2023

Business Type Appliances AutoBody Accounting ArtsandEntertainment AdministrativeandSupport Advertising BarberBeauty Bakery BarTavernLounge Church ConstructionContractor ChildCare HealthServices Laundromat Manufact

Community Features BusinessCenter HighTrafficLocation Sidewalks

County Providence

New Construction N

Property Type CommercialSale

Association Amenities BusinessCenter

HOA / Comm Assn N

Attached Garage N

Subdivision Name Central Falls

Possible Use Automotive Commercial Development MedicalDental MultiFamily MiniStorage MixedUse Office Other PlaceofWorship Recreational Subdivision Warehouse

Garage Y/N Y

Building Features PublicRestrooms

Status Pending

City Central Falls

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

Lot Size Units SquareFeet

Lot Size Square Feet 6970.0

Waterfront Y/N N

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 0.0

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

Virtual Tour https://tour.RiLiving.com/325-Illinois-ST-Central-Falls-RI-02863

Days on Market 27

Standard Status Pending

Occupancy Type Vacant

Tax Assessed Value 160000

Tax Lot 488

Interior

Basement None

Furnished Y/N Unfurnished

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Above Grade Finished Area 4800.0

Electric On Property Y/N N

Total Baths 0

Exterior

Water Source Connected Public

Total Parking 8.0

Lot Size Area 6970.0

Foundation Details BrickMortar

Number of Buildings 1

Spa N

Building Area Total 4800.0

Lot Size Acres 0.15

Road Surface Type Paved

Road Frontage Type StateRoad

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 325

* Excluded Features

List By

Re/Max Innovations

Broker

CarlosM.Ocampo4@gmail.com

Affordability Calculator

$3,981

Per Month

Monthly Principal & Interest: $3,981
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Central Falls, RI

Average List Price ^$697,436

Percent of Sale Price 16%

About Central Falls, RI

18,728 Population

-1% Since 2002

^$29,577 Median Income

33.75 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

248553 Elementary School

248554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$599,000		Listed Price

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325 Illinois Street, Central Falls, RI, 02863 is a Commercial Property for sale at $599,000 with 4,800 sqft and a lot size of 0.15. 325 Illinois Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02863 which is in Central Falls, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/16/2024.

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325 Illinois Street

Commercial Property for sale in Central Falls, RI

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