58 John Street East Providence, RI $ 395,000
58 John Street
$ 395,000
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58 John Street

East Providence, RI, 02914
$ 395,000
Baths0.0 Sq 1,575

Monthly Estimate*

$ 2,625

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Studio

Commercial Property for sale in East Providence, RI

for $395,000. This 1,575 square foot building was built in 1910 on a lot size of 0.089991.

Perfectly located mixed-use commercial property in East Providence sandwiched between Taunton and Waterman Avenue! The property has been well-maintained by the current owner. The first floor has recently been used as a salon, but there's endless possible uses for this space. The entry way features glass doors and built-in benched seating. The main room is wide open with a 1/2 bath and large adjoining room to the rear for an office or storage. The first floor has various access points including a wide rear door ramp. Beautiful hardwoods run throughout and warm the space. The 2nd floor is a 2-bed/1 bath residential unit with an open kitchen & living room space that could be perfect for additional rental income. This upstairs apartment space was renovated approximately 10 years ago with updated electrical and plumbing, drywall, and bathroom upgrades. Also has classic hardwoods. Utilities for each floor are separated (gas heat/HW, electric). The exterior has easy maintenance vinyl siding and the property is polished off with tasteful garden beds/landscaping. The property's paved parking lot provides off-street parking for at least 7 vehicles with street parking available nearby. This location provides high visibility and traffic for business owners or investors looking to take advantage. The large unfinished basement is great for all kinds of storage and is easily accessible. The property is zoned as C-3 and the approved residential unit upstairs is a wonderful feature!

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Commercial Contingent

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,760

Style

Commercial

Lot Size

0.089991

Year Built

1910

Town/City

East Providence

County/Region

Providence

MLS | Web ID

1355289

Features
General
Sewer Connected
Heating Baseboard HotWater Individual
Cooling Item1Unit WallUnits
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable NaturalGasConnected SewerConnected
Possession Negotiable
Zoning C-3
Security Features CarbonMonoxideDetectors FireSprinklerSystem
Construction Materials Frame
Year Built 1910
Electric Item100AmpService CircuitBreakers
Tenant Pays CableTV Electricity Gas Heat HotWater Telephone
Stories 2
Levels Two
Property SubType Commercial
Tax Year 2023
Gross Income 17700.0
Business Type Mixed
Community Features HighwayAccess PublicTransportation RecreationArea Restaurant Shopping Sidewalks
County Providence
Insurance Expense 1890.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Contingency Inspection Period
Possible Use Commercial MixedUse Office Retail
Garage Y/N N
Building Features PublicRestrooms
Status ActiveUnderContract
City East Providence
View Y/N N
Senior Community Y/N N
Total Units 2
Lot Size Square Feet 3920.0
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name John
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4760.0
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1380.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/927123812
Days on Market 59
Standard Status ActiveUnderContract
Occupancy Type Tenant
Tax Assessed Value 207900
Tax Lot 17
Ownership Type SoleProprietor
Taxes 0.0
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1575.0
Street Suffix Street
Laundry Features CommonArea
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features CornerLot
Water Source Connected
Total Parking 7.0
Inclusions 2nd Floor Residentail Unit: Refrigerator and oven/range included. All other personal property for both units to be removed.
Lot Size Area 3920.0
Number of Buildings 1
Spa N
Building Area Total 1575.0
Road Surface Type Asphalt Paved
Frontage Length 0
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Premeer Real Estate

Broker

raymajeau@gmail.com

Email

Affordability Calculator

$3,022
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
$397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$395,000 Listed Price

Map


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58 John Street, East Providence, RI, 02914 is a Commercial Property for sale at $395,000 with 1,575 sqft and a lot size of 0.089991. 58 John Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 02914 which is in East Providence, RI