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756-758 Hope plus 50 Glendale 50 Glendale Ave 6,960 SF 100% Leased Retail Building Providence, RI 02906 $3,001,228 CAD ($431.21 CAD/SF)



INVESTMENT HIGHLIGHTS
- Current annual rental income: $159,384
- Annual Expenses in 2024: $76,372
EXECUTIVE SUMMARY
This amazing income opportunity is all about LOCATION. The two available buildings on one lot offer two commercial units on an attractive corner location in one of the East Side’s most popular areas, Hope Village. Great tenants in place, one occupying as a Tavern and the other as a well known culinary goods retail store. Great storage and systems in the fully utilized basements. Also find 5 renovated residential 1 bath/1 bed units at 50 Glendale as a part of the package. A host of restaurants, bakeries, coffee shops, and boutiques dot the Hope Street location, providing the perfect venue for your next commercial venture. Providence Ballet, Seven Stars Bakery, and nearby Blackstone Boulevard ensure a constant feed of foot traffic. College Hill, Fox Point, Wayland Square, and bordering Pawtucket provide all kinds of residents likely to visit.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,960 SF
Building Class
B
Year Built
1930
Price
$3,001,228 CAD
Price Per SF
$431.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.42
Lot Size
0.11 AC
Zoning
C2 - 1. Dwelling - Multi Family: Five (5) apartments
2. Restaurant - 3500sf or less GFA
3. Retail good Establishment - 3500sf or less GFA
Frontage
AMENITIES
- Bus Line
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Stock Culinary Goods
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Stock Culinary Goods | Retailer | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | PROV-730251-000000-000000 | Improvements Assessment | $1,217,055 CAD |
| Land Assessment | $508,915 CAD | Total Assessment | $1,725,969 CAD |
PROPERTY TAXES
Parcel Number
PROV-730251-000000-000000
Land Assessment
$508,915 CAD
Improvements Assessment
$1,217,055 CAD
Total Assessment
$1,725,969 CAD
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756-758 Hope plus 50 Glendale | 50 Glendale Ave
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