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1501 Lonsdale Ave 12,404 SF 100% Leased Retail Building Lincoln, RI 02865 $850,000 ($68.53/SF)
Executive Summary
1501 Lonsdale Ave was formerly a funeral home boasting 8,764 square feet with an attached carriage house of 3,640 square feet inclusive of a 1,472 square foot garage. This property proudly sits on a 1.3 acre lot capable of fitting 20+ cars in its expansive parking lot. This property is uniquely zone for residential, multi-family, temporary lodging, and mixed use. This legacy property has immense potential in the suburban metropolitan Providence area.
1.3 acre lot
Building 1: 8,764 square feet
Building 2: 3,640 square feet
1,472 square foot garage
Conversion potential
20+ parking spaces
10 minutes from Providence, RI
1.3 acre lot
Building 1: 8,764 square feet
Building 2: 3,640 square feet
1,472 square foot garage
Conversion potential
20+ parking spaces
10 minutes from Providence, RI
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
12,404 SF
Building Class
C
Year Built
1902
Price
$850,000
Price Per SF
$68.53
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.19
Lot Size
1.47 AC
Zoning
RG-7 - Zoning regulations attached
Parking
20 Spaces (1.61 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | LINC-000004-000810-000000 | Improvements Assessment | $678,900 |
| Land Assessment | $161,600 | Total Assessment | $840,500 |
Property Taxes
Parcel Number
LINC-000004-000810-000000
Land Assessment
$161,600
Improvements Assessment
$678,900
Total Assessment
$840,500
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1501 Lonsdale Ave
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