85 Academy Avenue

Office for Sale
Catylist Listing ID: 30101915
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 3,102 SF
Gross Building Area: 3,152 SF
Gross Land Area: 0.17 Acres
Sale Price: $349,900
Unit Price: $112.80 PSF
Property Use Type: Vacant/Owner-User
Building Name: Cicchitelli Building
Class of Space: Class C
Usable Size (USF): 3,102 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/16/2017

Overview / Comments

Handsome solid mixed use building in excellent condition. 1st floor consists of 1551sf of clean functional office space equipped with multi camera security system, all new lighting and more. 2nd floor is a spacious 2 bedroom apartment with hardwood floors and enclosed porch. Full basement with walkout. Includes one 4 car garage and one 2 car garage. Large paved parking area. Could be a great live/work property.

Located on Academy Avenue near Eagle Square. Just minutes to Federal Hill. Quick access to Rt.6.

Highlights:
•SOLID MIXED USE PROPERTY
•GREAT LIVE/WORK OPPORTUNITY
•VIDEO SECURITY SYSTEM
•CENTRAL AC ON 1ST FLOOR
•FULL BASEMENT
•INCLUDES GARAGES FOR 6 VEHICLES

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $8,033 (Annual)
Tax Value Land $82,200
Tax Value Improvements $136,400
Assessed Value - Total($) $218,600 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Providence
Tax ID/APN: 65/457
Zoning: MIXED USE
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,551 SF
Year Built: 1926
Year Renovated: 2010
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Structure
Total Parking Spaces: 15
Heat Type: Natural Gas, Oil
Heat Source: Baseboard
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 51,019 251,532 450,933
Median Age: 29.46 33.4 36.12
Households: 18,480 93,985 174,439

Contact

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