Mineral Spring Avenue Retail

  • Title

    Retail Property

  • City

    North Providence, RI

  • Price

    $900,000

  • Cap Rate

    5.0%

  • Gross Leasable Area

    6,000 SF

  • No. Units

    3

  • Price/SF

    $150.00

  • No. Stories

    1

  • Year Built

    1990

Not found amenities.

Northeast Private Client Group is pleased to present Mineral Spring Ave Retail, a +/- 6,000 square foot retail building located at 1818 Mineral Spring Avenue in North Providence, Rhode Island.

The Mineral Spring Ave Retail property is comprised of three (3) retail suites. The property boasts separately metered gas, electric, ample off-street parking, newly installed shingle roof (2 months), and tenants are responsible for trash removal. The property is also located right next to North Providence High School and the new community center under development.

Currently 2 out of the 3 tenants are on long term leases with rent bumps yearly. An investor has the unique opportunity to purchase a turn-key, fully occupied retail strip on Route 15 in North Providence.

North Providence is a town located in Providence County, Rhode Island. The town has a population of 32,511 residents and of that 41.1% are considered renters. North Providence has a median household income $52,547 and is located 4.2 miles from downtown Providence. The town is crossed by Route 44 and Route 146 which gives residents easy access to I-295 and I-95. Citizens Bank, Lifespan, and Nortek are the three largest employers for the Providence area.

All interested and qualified parties will have the opportunity to tour the property and obtain additional information upon request.

North Providence, Providence County, RI

Mineral Spring Ave Retail