200 Academy Ave - Drug Store FOR SALE


Providence, RI 02908- Mount Pleasant
$1,495,000 USD
401-954-5703
200 Academy Ave, Providence, RI for Sale
$1,495,000 USD
Drug Store - FOR SALE
1/24
null | Request Cap Rate

Aug '26


200 Academy Ave
Providence, RI 02908
Mount Pleasant


OVERVIEW

Opportunity to own a newly renovated, signature Providence retail building. Located in between Rhode Island College and Providence College, in the heart of the Mount Pleasant neighborhood, and a few blocks from some of the busiest Walgreens, Citizens and Chase banks, and grocery stores in Rhode Island. This 6,110 square foot retail building has new showroom windows and doors, new loading area with 9' by 10' overhead door, new HVAC, new energy efficient interior and exterior lighting, new ADA bathroom, 2 new ADA ramps, new industrial grade security fence with rolling gates, and newly paved parking lot. Other essential qualities include 13 private parking spaces, all city utilities, Cat 6 cable, and 3 phase power. A lucrative opportunity for either an end-user or an investor, building transfers vacant.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C1

APN/PARCEL ID

PROV-640624-000000-000000

ASK ABOUT THIS PROPERTY

Greg ArakelianMott & Chace Sotheby's International RealtyMore Info
401-954-5703

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Greg ArakelianMott & Chace Sotheby's International RealtyMore Info
401-954-5703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.