Address
65 Weybosset Street 122 & 123 & 023, Providence, RI
Price
$ 429,000
Property Attributes
- MLS#1356615
- TypeCommercial
- CountyPROVIDENCE
- CityProvidence
- NeighborhoodDowntown - The Arcade
- Zip02903
- StyleCommercial
- Year Built1828
- Taxes$ 2560
- Price$ 429,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1278
- Lot Size0.471 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
2 NEWLY RENOVATED COMBINED UNITS! OVER $180,000 IN UPGRADES! The "First Mall in America" now is offering 1278SF FOR SALE or LEASE includes basement storage. Currently set up for "fast casual" food service. Unit is in excellent, turn key condition in a PRIME DOWNTOWN LOCATION. BUILT IN TRAFFIC from the residences on the 2nd and 3rd floors as well as the walking/commuter traffic from other local business throughout Downtown Providence's financial center district. The Arcade is a historic shopping center at 130 Westminster Street and 65 Weybosset Street in downtown Providence, Rhode Island built in 1828. It is notable as the first enclosed shopping mall in the United States and has been lauded as a fine example of commercial Greek Revival architecture. It served as a shopping center for many years but as of October 2013 "The Arcade" has been reintroduced as a residential and commercial mixed-use building. It was declared a National Historic Landmark in 1976. Sale/lease includes 3 units (Parcel: 20-130-023, 123, 122) totaling 1,278SF (412SF is the semi-finished below grade storage area) Also see MLS#1356723
| Price History | |
|---|---|
| 4/13/2024 | Listed $450,000 |
| 5/24/2024 | 5% - $429,000 |
General Features
| Cooling | CentralAir |
|---|---|
| Utilities | NaturalGasConnected |
| Possession | Negotiable |
| Zoning | D-1-300 |
| HOA | 247.0 |
| Security Features | BuildingSecurity,ClosedCircuitCameras,FireAlarm,FireSprinklerSystem |
| Year Built | 1828 |
| Electric | Item200AmpService |
| Unit Number | 122 & 123 & 023 |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Business Type | Bakery,BarTavernLounge,Restaurant,Retail |
| Community Features | HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks |
| Building Name | The Arcade |
| Assoc Fee Paid Per | Monthly |
| County | Providence |
| New Construction | No |
| Property Type | CommercialSale |
| Association Amenities | Restaurant |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Downtown,The Arcade |
| Possible Use | Investment,Office,Retail |
| Garage Y/N | No |
| Status | Active |
| City | Providence |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 3 |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 20530.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 2560.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/130-Westminster-ST-Unit122-123-023-Providence-RI-02903 |
| Days on Market | 52 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 200900 |
| Tax Lot | 023/122/123 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Partial |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1278.0 |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | HistoricDistrict |
|---|---|
| Water Source | WaterTapFee |
| Total Parking | 0.0 |
| Lot Size Area | 20530.0 |
| Foundation Details | ConcretePerimeter |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 1278.0 |
| Lot Size Acres | 0.471 |
| Road Frontage Type | CityStreet |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02903
Price
Taxes
Visits
Year Built
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