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$1,800,000
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Property Description
This is for 29 Elmwood and 612 Hartford Street in Providence, it is for REAL ESTATE ONLY, Presently both properties are Leased by Same Tenant. Strong Tenants 4 years left on Present Lease and 2 5 year extensions with yearly Increases. This property is being offered with a Cap rate of over 8%. The tenants at this time would have to stay to have that business they bought a year ago, call for all Leases and rents. Check attachments. 29 Elmwood is 9500 sq/ft with basement 612 Hartford is 3395 sq/ft
Full Property Details
Full Property Details for 29 Elmwood Ave
General
- Sold For: $1,800,000
- Taxes: $16,156 (2023)
- Status: Closed
- Type: Retail
- Source: STWMLS
- MLS ID: 1353597
- Added to Site: 720 day(s) ago
Business
- Business Type: Retail
Rental Information
- Lease Info: Escalation Clause
Location
- County: Providence
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Masonry
- Basement Desc.: None
- Stories/Levels: 0
- Building Size: 5781
- Finished Total: 5,781 Sq. Ft.
- Finished Above Grnd: 5,781 Sq. Ft.
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,781
- Lot Size: 5781
Financial Considerations
- Tax Amount: $16,156
- Tax Year: 2023
- Owner Pays: None
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 29ELMWOODAVPROV
- Lot Number: 569
Listed by Lamacchia Realty, Inc
Sold by Prime Time Properties, Inc.
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Schools
Schools serving 29 Elmwood Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Alfred Lima Sr. El School 222 Daboll Street, Providence, RI 02907 | 2-5 | 0.6 mi |
Charles N. Fortes Elementary School 234 Daboll Street, Providence, RI 02907 | PK-1 | 0.6 mi |
Robert L Bailey IV, Elementary School 65 Gordon Avenue, Providence, RI 02905 | K-5 | 0.7 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 0.5 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 1.1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.6 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.3 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.4 mi |
W B Cooley & Academy Internationa 182 Thurbers Avenue, Providence, RI 02905 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 Elmwood Ave
Date
Details
Price
Change
Source
1/10/2025
Sold
$1,800,000
-10%
MLS
10/31/2024
Price Reduced
$1,999,900
-8.68%
MLS
3/03/2024
Listed
$2,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
29 Elmwood Avenue, Providence, RI 02907 (MLS# 1353597) is a Retail property that was sold at $1,800,000 on January 10, 2025. Want to learn more about 29 Elmwood Avenue? Do you have questions about finding other Retail real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

