Mineral Spring Ave Commercial

  • Title

    Commercial Property - IRS Identified Qualified Opportunity Zone

  • City

    North Providence, RI

  • Price

    $2,000,000

  • Cap Rate

    6.4%

  • Gross Leasable Area

    54,013 SF

  • No. Units

    11

  • Price/SF

    $84.39

  • No. Stories

    2

  • Year Built

    1966

Not found amenities.

Northeast Private Client Group is pleased to present the Mineral Spring Ave Commerical, a 23,700 square foot commercial building located at 1270 Mineral Spring Ave in North Providence, Rhode Island.

The Mineral Spring Ave Commercial is comprised of ten (10) retail suites. All tenants have separately metered gas and electric. Select tenants pay partial reimbursements and there is ample off-street parking.

The Mineral Spring Ave Commercial provides an investor the unique opportunity to purchase a larger commercial asset on route 15 with the ability to lease vacancy and raise rents to market level. All interested and qualified parties will have the opportunity to tour the property and obtain additional information upon request.

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.

North Providence, Providence County, MA

Mineral Spring Commercial Offering Memo