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The Calart Tower I 400 Reservoir Ave 68,182 SF 96% Leased Office Building Providence, RI 02907 For Sale
Executive Summary
GREAT 1031 EXCHANGE OPPORTUNITY
Iconic Calart Tower is now available for purchase. This is a partial ownership interest of the majority of office suites spread out over all 4 floors of the building. Out of 40 total suites, 5 are individually owned and occupied but could also be purchased. Of the 35 suites being sold as this portfolio, 30 are leased with 5 currently vacant. This historic property boasts unparalleled highway access in all directions. Abundant parking while still maintaining a Providence address add to the desirability of this location. Full rent roll is being developed and will be attached to this listing.
OWNER SAY SELL. OFFERS WELCOME.
Iconic Calart Tower is now available for purchase. This is a partial ownership interest of the majority of office suites spread out over all 4 floors of the building. Out of 40 total suites, 5 are individually owned and occupied but could also be purchased. Of the 35 suites being sold as this portfolio, 30 are leased with 5 currently vacant. This historic property boasts unparalleled highway access in all directions. Abundant parking while still maintaining a Providence address add to the desirability of this location. Full rent roll is being developed and will be attached to this listing.
OWNER SAY SELL. OFFERS WELCOME.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
68,182 SF
Building Class
B
Year Built/Renovated
1939/1984
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
20,000 SF
Slab To Slab
11’
Building FAR
0.41
Lot Size
3.78 AC
Zoning
C - Commercial
Parking
190 Spaces (3.17 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Convenience Store
- Property Manager on Site
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Lower level 485sf office suite. Very affordable at only $550 per month including heat. Call to schedule a showing.
Suite 2J is located on the 2nd floor and offers lots of natural light. This suite is built out with a combination of private offices and open area. Just steps from the elevator.
| Space | Size | Space Use | Condition | Available |
| Ste LL-A | 485 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1B | 654 SF | Office | - | Now |
| 2nd Fl-Ste 2J | 1,485 SF | Office | Full Build-Out | Now |
Ste LL-A
| Size |
| 485 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1B
| Size |
| 654 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 2J
| Size |
| 1,485 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ste LL-A
| Size | 485 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Lower level 485sf office suite. Very affordable at only $550 per month including heat. Call to schedule a showing.
1 of 33
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 1B
| Size | 654 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 2J
| Size | 1,485 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 2J is located on the 2nd floor and offers lots of natural light. This suite is built out with a combination of private offices and open area. Just steps from the elevator.
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,298,904 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $2,298,904 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$2,298,904 CAD
Total Assessment
$2,298,904 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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The Calart Tower I | 400 Reservoir Ave
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