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498 Broadway 2,900 SF 100% Leased Office Building Providence, RI 02909 $675,000 ($232.76/SF)
Investment Highlights
- Located in historic Federal Hill
- Broadway & Bradford Street: 13,666 VPD (.05 Mi from site)
- On site parking
- Broadway & Almy Street: 11,275 VPD (.08 Mi from site)
Executive Summary
• ± 2,900 SF Building size
• 3 Stories
• Located in historic Federal Hill
• On-site parking
498 Broadway Ave is a well-situated property within Federal Hill, one of the city’s most vibrant and historic districts. Known for its renowned restaurants, cafés, and local markets, the area offers residents a lively neighborhood atmosphere with a wide variety of dining, shopping, and entertainment options just steps away. The property is minutes from Downtown Providence, providing convenient access to employment centers, cultural venues, and waterfront attractions.
• 3 Stories
• Located in historic Federal Hill
• On-site parking
498 Broadway Ave is a well-situated property within Federal Hill, one of the city’s most vibrant and historic districts. Known for its renowned restaurants, cafés, and local markets, the area offers residents a lively neighborhood atmosphere with a wide variety of dining, shopping, and entertainment options just steps away. The property is minutes from Downtown Providence, providing convenient access to employment centers, cultural venues, and waterfront attractions.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,900 SF
Building Class
B
Year Built
1900
Price
$675,000
Price Per SF
$232.76
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
967 SF
Building FAR
0.95
Lot Size
0.07 AC
Zoning
RP - MIXED USE
Parking
6 Spaces (2.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | PROV-350003-000000-000000 | Improvements Assessment | $380,700 |
| Land Assessment | $136,600 | Total Assessment | $517,300 |
Property Taxes
Parcel Number
PROV-350003-000000-000000
Land Assessment
$136,600
Improvements Assessment
$380,700
Total Assessment
$517,300
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498 Broadway
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