$209,000
$219,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1007 Charles ST North Providence, RI 02904
630 SqFt
Key Details
Sold Price $209,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 630 sqft
Price per Sqft $331
MLS Listing ID 1370852
Sold Date 11/14/24
HOA Y/N No
Abv Grd Liv Area 630
Year Built 1920
Annual Tax Amount $3,439
Tax Year 2024
Lot Size 4,792 Sqft
Property Description
Property can be sold with 1005 Charles Street or purchased individualyy. Two properties on separate lots both zoned CV (Commercial Village) for future expansion. The Larger Building (1005 Charles) is on a 5 year lease that increases every year by a long-term tattoo parlor. The tenant occupies the entire building, but previous layouts had the building divided up for multiple tenants. The tattoo parlor renovated the entire inside of the building a year ago when they took over the lease for the whole structure (previously only renting half of the building, but needed to expand due to demand). The smaller building on 1007 Charles is another long-term tenant that runs a burrito restaurant. This tenant has offered to stay or vacate depending on which the potential buyers wishes. This property has great value and with it being zoned CV has immense amounts of potential.
Location
State RI
County Providence
Exterior
Community Features High Traffic Location, Sidewalks
Utilities Available Sewer Connected
Street Surface Asphalt
Total Parking Spaces 8
Building
Story One
Sewer Connected
Level or Stories One
Structure Type Brick
New Construction No
Others
Tax ID 1007CHARLESSTNPRO
Financing Private
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Bought with Oakmont Realty Group