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984 Charles St 8,000 SF 63% Leased Office Building North Providence, RI 02904 $1,324,045 CAD ($165.51 CAD/SF)
INVESTMENT HIGHLIGHTS
- Fully renovated
- Fully leased
EXECUTIVE SUMMARY
MASSIVE 10,000 SF office building for sale with 20 parking spaces located on high-traffic Charles Street connecting Providence to North Providence and Pawtucket! This building sits on a .23 acre newly paved lot. Totally renovated and remodeled, the property has been an icon on Charles Street since it was built in 1964, and fully restored over the course of the last two-decades. The building is currently configured into (5) units, all rented with long-term tenants. Zone Commercial Village--inquire for all "by right" uses, and special-use considerations. Perfect owner-user property [buyer friendly SBA Loans available to those who qualify], or a great addition to an investor's portfolio. Recent updates include: (2014) all flooring, HVAC systems, roof fully replaced, (2023) paint entire exterior, first floor rear unit completely remodeled [not pictured], (2024) re-tarred entire roof. Tenants are low-maintenance and take great care of their units. Low-maintenance exterior and landscaping make it easy to buy, hold, collect, and forget. Short list of zoning approved uses include: Pharmacy, Salon, Dry-Cleaners, Accountants, Lawyers, Restaurant, Pet-Groomer/Vet, Real Estate/Insurance Office, Funeral Home, Gas Sation (Sales only), Grocery/Variety Store, Furniture Store, Liquor Store, Bakery, and so much more! Special Use permit required for: Car Dealership, Guest House, Residential Conversion, Clubs, Hair School, and more!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,000 SF
Building Class
B
Year Built
1964
Price
$1,324,045 CAD
Price Per SF
$165.51 CAD
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
0.80
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial mixed use
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 3,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,000 SF | Office | - | Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | NPRO-000001-000000-000036 | Improvements Assessment | $720,792 CAD (2025) |
| Land Assessment | $150,340 CAD (2025) | Total Assessment | $871,132 CAD (2025) |
PROPERTY TAXES
Parcel Number
NPRO-000001-000000-000036
Land Assessment
$150,340 CAD (2025)
Improvements Assessment
$720,792 CAD (2025)
Total Assessment
$871,132 CAD (2025)
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Presented by
Smith and Oak Real Estate Co.
984 Charles St
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