41.893684 -71.388145
$630,000
Active
5,805Sqft
Commercial/Business in Central Falls
This property is known as the 'Notre Dame Medical Office Building' located on Broad Street in Central Falls, Rhode Island. The building is located at the entrance of the newly constructed 47,000 sq.ft Blackstone Valley Community Health Center (Neighborhood Health Station) which includes tenants such as CVS, Advanced Radiology and Lifespan. The subject is two levels with eight rentable units ranging in size from 637 sq.ft to 1,321 sq.ft with all being in average condition and well maintained by the owners. Presently the property is operated as a condominium building, but can change depending on ownership. Property is located in a high traffic area within steps from the busy community health center and RIPTA bus stop. Very well maintained building with leaseback opportunity. Pro-Forma is available.
Courtesy Of Peter M. Scotti & Assoc.,Inc.

Main Features

  • Listing Status: Active
  • Year Built: 1986
  • County: Providence
  • Taxes: $20,977.00
  • Fees: $2,945.00
  • Zoning: C2
  • MLS Number:1242666

Additional Features

  • Zoning:
    • C2
  • Cooling:
    • Central Air
  • Building Description:
    • Brick
  • Loading Dock:
    • None
  • Location:
    • Downtown
  • Occupied By:
    • Tenant
  • Type:
    • Dental
    • Medical
    • Office Building
  • Basement Details:
    • None
  • Foundation:
    • Concrete
  • Close To:
    • Commuter Bus
    • Hospital
    • Shopping
  • Electric:
    • 200 Amps
  • Heating System:
    • Heat Pump
  • Sewer:
    • Connected
  • Utilities:
    • Gas Connected
  • Complex Name:
    • Notre Dame Medical Office
  • Number of Buildings:
    • 1
  • Road:
    • Municipal
  • Water:
    • Connected
  • Franchise:
    • N
  • Owner Pays:
    • Common Area Maintenance
    • Exterior Maintenance
    • HVAC Maintenance
    • Management
    • Roof Maintenance
  • Association Fees:
    • 2945.00 Month
  • Tenant Pays:
    • All Expenses
  • Above Grade SQFT:
    • 5805
  • Building Levels:
    • 2
  • Cap Rate:
    • 10.00
  • Divisable:
    • Y
  • Elevator/Escalator type:
    • Passenger Elevator
  • Freestanding:
    • Y
  • Gross Expenses:
    • 7222.00
  • Leasable Area:
    • 5805
  • Number Of Units Leased:
    • 2
  • Onsite Parking Spaces:
    • 24
  • Operating Expense:
    • 7222.0000
  • Total Parking Spaces:
    • 24
  • Use Type:
    • Commercial
  • Years Current Owner:
    • 30
Peter M. Scotti & Assoc.,Inc.
Peter M. Scotti & Assoc.,Inc.
(401) 421-8888
403 South Main Street Providence RI 02903
Peter M. Scotti & Assoc.,Inc. Peter M. Scotti & Assoc.,Inc.
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