Commercial for Sale: 198-200 Cross St, Central Falls, RI 02863

5,296 sqft
$735,000
$735,000
198-200 Cross St, Central Falls, RI 02863
5,296 sqft
$735,000
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Price:
$735,000

Type Commercial
Square Feet 5,296 sqft
Lot Size 0.11 acres
Year Built 1900

City Central Falls
County Providence

MLS 73315584
Status Active
DOM 1 days
A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready.

Lot & Building Features

Tax Year 2024
Taxes Paid $5,620
Roof Rubber

Price History of 198-200 Cross St

Date Name Price Difference
11/25/2024 Listing Price $735,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 198-200 Cross St, Central Falls, RI

Location Map Street View
Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Coldwell Banker Realty, Alexander Parmenidez
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1%
6.75%
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
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198-200 Cross St (MLS #73315584) is a commercial listing located in Central Falls, RI. This commercial listing is 5,296 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 124 years old. This property was listed on 11/25/2024 and has been priced for sale at $735,000.

Nearby zip codes are 02703, 02860, 02861, 02864 and 02904. This property neighbors other cities such as Attleboro, Cumberland, North Providence, Pawtucket and Providence.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.