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5 Forbes St
Riverside, RI 02915
Retail Property For Sale
Executive Summary
5-7 Forbes Street in Riverside, RI offers a rare opportunity to own a versatile 3-unit retail property in a highly visible neighborhood location. Two tenants will remain in place while the seller will vacate at closing, creating a wide-open space ideal for retail, restaurant, café, office, or service use. Featuring strong street frontage, ample parking, and excellent access to Providence and surrounding communities, this property presents both immediate income and value-add potential for investors or owner-users alike.
Floor plans available. Property has a full basement.
Floor plans available. Property has a full basement.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,700 SF
Building Class
C
Year Built
1960
Price
$12,451,949 CAD
Price Per SF
$1,858.50 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
0.54 AC
Zoning
C2
Parking
27 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | EPRO-000411-000008-000074 | Improvements Assessment | $660,784 CAD |
| Land Assessment | $429,177 CAD | Total Assessment | $1,089,961 CAD |
Property Taxes
Parcel Number
EPRO-000411-000008-000074
Land Assessment
$429,177 CAD
Improvements Assessment
$660,784 CAD
Total Assessment
$1,089,961 CAD
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