105 Medway StProvidence, RI 02906

Property Details for 105 Medway St

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

1,544 SF

Zone code

R-P

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PROV M:14 L:439

APU

PROVM14L439

Description

This exceptional investment opportunity presents a 1960s-era, single-building office property situated on a sizable 5,000 square foot lot in the heart of Providence, Rhode Island. Located at 105 Medway Street, zip code 02906, this property offers a unique blend of traditional office space, executive suites, and medical office potential. The building's versatility is further enhanced by the inclusion of on-site garage/parking facilities, a significant advantage in a bustling urban environment. With a total of one building, this property presents a manageable and potentially lucrative investment. The asking price is $775,000. The property's address is conveniently located in Providence County, Rhode Island, offering easy access to major transportation routes and a vibrant commercial district. The building's age presents an opportunity for renovation and modernization, allowing for increased rental income and enhanced property value. The absence of existing units indicates a blank canvas for a prospective buyer to tailor the space to their specific needs and vision. This property is ideal for investors seeking a flexible and adaptable commercial space in a desirable Rhode Island location. The property's diverse subtype classification, encompassing traditional office, executive office, medical office, and garage/parking, broadens its appeal to a wide range of potential tenants and investors. This presents a rare chance to acquire a well-positioned property with significant upside potential.

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.829

Longitude

-71.389

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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