999 S Broadway - Medical FOR SALE


East Providence, RI 02914- Outer East Bay
$2,000,000 USD
401-486-2911
999 S Broadway, East Providence, RI for Sale
$2,000,000 USD
Medical - FOR SALE
1/31
null | Request Cap Rate

999 S Broadway
East Providence, RI 02914
Outer East Bay


HIGHLIGHTS

  • Business park,commercial, dental, financial, freestanding, health, office and other
  • Three floors, elevators
  • High visibility, ample parking, great location
  • Minutes from highways, Providence and Boston
  • Security, fire alarm, smoke detectors
  • Central air

OVERVIEW

This three-story, 11,385-square-foot brick office building combines functionality with convenience and is serviced by a passenger elevator. Originally constructed as the headquarters for a local credit union, it offers versatile spaces across its three floors: First Floor (3,795 sq. ft.): Currently vacant, this floor formerly housed a credit union branch. Features include a bank vault, drive-up lanes, and teller windows, making it adaptable for various uses. Second Floor (3,795 sq. ft.): Currently occupied by the building owner, who operates a medical practice, this space is available under a lease-back agreement. The proposed terms include a three-year lease with two optional one-year extensions. Third Floor (3,795 sq. ft.): Currently leased by an advertising agency, ensuring an established tenant. The property features excellent visibility, ample onsite parking, and additional parking across the street for staff and company vehicles. Conveniently located just minutes from Route 95 and downtown Providence, it is also a mere 45-minute drive from Boston.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2

APN/PARCEL ID

EPRO-000207-000002-000010

ASK ABOUT THIS PROPERTY

Michael SaccoccioCOLDWELL BANKER REALTYMore Info
401-486-2911

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Michael SaccoccioCOLDWELL BANKER REALTYMore Info
401-486-2911

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