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The Calart Tower I 400 Reservoir Ave 68,182 SF 99% Leased Office Building Providence, RI 02907 $6,000,000 ($88.00/SF)
EXECUTIVE SUMMARY
GREAT 1031 EXCHANGE OPPORTUNITY
Iconic Calart Tower is now available for purchase. This is a partial ownership interest of the majority of office suites spread out over all 4 floors of the building. Out of 40 total suites, 5 are individually owned and occupied but could also be purchased. Of the 35 suites being sold as this portfolio, 30 are leased with 5 currently vacant. This historic property boasts unparalleled highway access in all directions. Abundant parking while still maintaining a Providence address add to the desirability of this location. Full rent roll is being developed and will be attached to this listing.
Iconic Calart Tower is now available for purchase. This is a partial ownership interest of the majority of office suites spread out over all 4 floors of the building. Out of 40 total suites, 5 are individually owned and occupied but could also be purchased. Of the 35 suites being sold as this portfolio, 30 are leased with 5 currently vacant. This historic property boasts unparalleled highway access in all directions. Abundant parking while still maintaining a Providence address add to the desirability of this location. Full rent roll is being developed and will be attached to this listing.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
68,182 SF
Building Class
B
Year Built/Renovated
1939/1984
Price
$6,000,000
Price Per SF
$88.00
Percent Leased
99%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
20,000 SF
Slab To Slab
11’
Building FAR
0.41
Lot Size
3.78 AC
Zoning
C - Commercial
Parking
190 Spaces (3.17 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Convenience Store
- Property Manager on Site
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1B | 654 SF | Office | - | Now |
1st Fl-Ste 1B
| Size |
| 654 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 33
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 1B
| Size | 654 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,653,900 | |
| Land Assessment | $0 | Total Assessment | $1,653,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$1,653,900
Total Assessment
$1,653,900
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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The Calart Tower I | 400 Reservoir Ave
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