$425,000
$425,000
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114 Spruce ST Providence, RI 02903
2,244 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $189
MLS Listing ID 1278012
Sold Date 05/28/21
HOA Y/N No
Abv Grd Liv Area 2,244
Year Built 1900
Annual Tax Amount $14,474
Tax Year 2020
Lot Size 4,512 Sqft
Property Sub-Type Commercial
Property Description
This turn-key property currently used as bar and lounge in the heart of Federal Hill offers 2,224 sq ft of indoor space as well as 680 sq foot covered courtyard and an additional wood deck. Property is one of a very few that is zoned for Entertainment, allowing owner to charge admission fees. Establishment was completely renovated in 2016. Highlights include 2 working fireplaces, a 4 year old 2 zone HVAC system, on demand hot water unit, slate roof, 110 seats inside and 75 seats outside. Current tenant pays $3,000 mo rent and as well as property taxes (approx 1,200/mo). Motivated seller. Tenant is month to month.
Location
State RI
County Providence
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Building
Building Description Brick, Public Restrooms
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Brick
New Construction No
Others
Tax ID 114SPRUCESTPROV
Security Features Fire Alarm,Smoke Detector(s),Fire Sprinkler System
Financing Cash
Read Less
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Bought with Century 21 Platinum RE Group
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