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235 Meeting St 8,788 SF 100% Leased Office Building Providence, RI 02906 $4,000,000 ($455.17/SF) 4.38% Cap Rate
Executive Summary
• Mixed Use Investment
• 100% Leased
• New Construction; 2023
• High End East Side Location
• Thayer Street Neighborhood
• Neighbors Brown University & Resident Halls
• 3,970± SF Retail/Restaurant
• 4,818± SF Residential
• Local Area Mix of National & Local Retailers
• NOI: $175,325/Year
• 100% Leased
• New Construction; 2023
• High End East Side Location
• Thayer Street Neighborhood
• Neighbors Brown University & Resident Halls
• 3,970± SF Retail/Restaurant
• 4,818± SF Residential
• Local Area Mix of National & Local Retailers
• NOI: $175,325/Year
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,788 SF
Building Class
B
Year Built
2023
Price
$4,000,000
Price Per SF
$455.17
Cap Rate
4.38%
NOI
$175,325
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
1,758 SF
Building FAR
4.03
Lot Size
0.05 AC
Zoning
C-2 - Commercial
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Walk Score®
Walker's Paradise (96)
Property Taxes
| Parcel Number | PROV-130045-000000-000000 | Improvements Assessment | $1,377,600 |
| Land Assessment | $841,900 | Total Assessment | $2,219,500 |
Property Taxes
Parcel Number
PROV-130045-000000-000000
Land Assessment
$841,900
Improvements Assessment
$1,377,600
Total Assessment
$2,219,500
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235 Meeting St
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