RI > Providence > Federal Hill
Providence, RI 02903,365 Atwells AVE
Providence, RI 02903,365 Atwells AVE
Providence, RI 02903,365 Atwells AVE
Providence, RI 02903,365 Atwells AVE
Providence, RI 02903,365 Atwells AVE
Providence, RI 02903,365 Atwells AVE
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L&L Homes Team

L&L Homes Team

+1(508) 649-5646
$ 3,500,000
Est. payment | /mo

3,485 Sqft Lot

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$ 3,500,000
Est. payment | /mo
Save Virtual Tour

3,485 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Federal Hill

MLS Listing ID 1389593

HOA Y/N No

Year Built 1895

Annual Tax Amount $35,800

Tax Year 2024

Lot Size 3,485 Sqft

Property Sub-Type Commercial

Property Description

Phenomenal opportunity in the heart of Historic Federal Hill, Providence! Package deal - This mixed-use building is being sold in combination with adjacent vacant lots, 172 Spruce & 4 McCoy (Corner lots - Atwells & Spruce), to provide the perfect opportunity for development. All three parcels are zoned C2. 365 Atwells Ave provides a solid, well-maintained, brick building, currently includes 6 residential units, and one long-standing, award-winning Italian Restaurant. Many long-term tenants with excellent rental history are currently priced well below market value. This building has been well-maintained with several recent upgrades, including brand new roof, new vinyl siding, and exterior carpentry/paint improvements. Gas and electric are all separately metered (tenants pay). Each unit has their own unique features, including one 3rd floor unit that expands into a 4th floor loft space. Each unit provides central AC/heat. Great parking. Highly sought-after location, walking distance to downtown and centrally located to shopping, entertainment, and Historic Federal Hill charm. Easy access to train station, public transportation, and highways. 5-10 minutes to area hospitals (RI Hospital, Hasbro, Women & Infants, Roger Williams, VA Med Center), universities (JWU, PC, RIC, Brown, RISD), and state offices. Quick commute to Boston. Invest in Providence's booming housing market. Lead certificates are current. Restaurant has net lease, inquire for detailed expense info.

Location

State RI

County Providence

Community Federal Hill

Zoning C2

Rooms

Basement Partial

Interior

Heating Central

Cooling Central Air

Furnishings Unfurnished

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks, High Traffic Location, Street Lights

Utilities Available Electricity Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 10

Building

Lot Description Corner Lot

Story 4

Foundation Brick/Mortar, Combination, See Remarks

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 4

Structure Type Brick,Other

New Construction No

Others

Tax ID 365ATWELLSAVPROV

Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System

Virtual Tour https://tour.RiLiving.com/365-Atwells-Avenue-Providence-RI-02903

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L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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