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38 Dike St 11,000 SF 31% Leased Retail Building Providence, RI 02909 $1,995,000 ($181.36/SF)
Investment Highlights
- Anchored by Wes's Rib House
- New roof, windows and HVAC
Executive Summary
38 Dike Street is home to the famous Wes's Rib House, a Rhode
Island mainstay since 1973. The property offers additional
redevelopment potential on unfinished floors and boasts parking
for 35+ vehicles.
Island mainstay since 1973. The property offers additional
redevelopment potential on unfinished floors and boasts parking
for 35+ vehicles.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,000 SF
Building Class
C
Year Built
1900
Price
$1,995,000
Price Per SF
$181.36
Percent Leased
31%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.58
Lot Size
0.16 AC
Zoning
C4 - Commercial
Parking
40 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
133’ on Dike St
Amenities
- Bus Line
- Freeway Visibility
- Property Manager on Site
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,533 SF
- Restaurant
- Outparcel
- Now
- 2nd Floor
- 2,533 SF
- Restaurant
- Outparcel
- Now
- 3rd Floor
- 2,533 SF
- Restaurant
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,533 SF | Restaurant | Outparcel | Now |
| 2nd Floor | 2,533 SF | Restaurant | Outparcel | Now |
| 3rd Floor | 2,533 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 2,533 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
2nd Floor
| Size |
| 2,533 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
3rd Floor
| Size |
| 2,533 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PROV-350587-000000-000000 | Improvements Assessment | $531,200 |
| Land Assessment | $217,700 | Total Assessment | $748,900 |
Property Taxes
Parcel Number
PROV-350587-000000-000000
Land Assessment
$217,700
Improvements Assessment
$531,200
Total Assessment
$748,900
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
38 Dike St
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