Mt. Carmel Property - Federal Hill

Retail-Commercial for Sale
Catylist Listing ID: 30048050
Property Subtypes: Free-Standing Building, Parking Facility, Other
Building Size (RSF): 14,814 SF
Gross Land Area: 40,863 SF
Sale Price: $1,250,000
Unit Price: $84.38 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Church of Our Lady of Mount Carmel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2018

Overview / Comments


Unique site, great location, motivated, all serious offers considered

Located in the heart of the Federal Hill neighborhood, Our Lady of Mt. Carmel Church, Rectory, Detached Garage and Parking Lot is situated within a Residential (R4) zone and a General Commercial (C-2) zone.

Subject properties are 6,8,12 and 18 Spruce Street and 110 and 128 Dean Street in the City of Providence.

Improvements consist of a one-story brick church constructed in 1925 containing 7,198 sf with a 3,599 sf basement; a 2.5 story brick rectory containing 4,017 sf with a full basement; and a detached garage. Situated at a signalized intersection of Atwells Avenue and Dean Street and Spruce Street and contains 40,863 sf.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Spruce / Dean / Bond
Property Visibility: Fair
Highway Access: I-95 and Route 10
Airports: T.F. Green - Warwick
Site Description: 3 improved buildings and private parking lot
Area Description: Federal Hill is a favorite tourist stop, famous for its many restaurants, cafes, shops in addition to hosting many events throughout the year like the Italian Festival and parades around the holiday season
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Fair
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Corner parking lot, approx 20 cars
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Zoning Description: C2 & R4
Water Service: Municipal
Sewer Type: Municipal
Easements: Environmental
Legal Description: Plat 26, Lots 128, 129, 133, 139, 143 & 354

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 44,412 264,932 462,914
Median Age: 30.25 33.31 36.33
Households: 16,954 98,867 180,007


Photograph of Listing Agent

Brenda L. Marchwicki

BisMarc Properties, LLC RICIE Member
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