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Surface Parking Lot for Sale

Surface Parking Lot for Sale

$195000.00

137-151 Friendship Street and 194 Pine Street Providence, Rhode Island

Description

The property is located in a high demand area both daytime and evenings/weekends between Richmond and Chestnut Streets proximate to Johnson & Wales, the Garrahy Courthouse, PPAC, DCYF and the Coliseum Night Club.

The lot can be accessed from both Friendship and Pine Streets and is currently configured for 62 spaces plus 28 tandum spaces. Installation of automated entry would allow for a minimum of 62 monthlies at $165/month plus valet evening and weekend parking. Projected income $180,000 annual.

Description

The property is located in a high demand area both daytime and evenings/weekends between Richmond and Chestnut Streets proximate to Johnson & Wales, the Garrahy Courthouse, PPAC, DCYF and the Coliseum Night Club.

The lot can be accessed from both Friendship and Pine Streets and is currently configured for 62 spaces plus 28 tandum spaces. Installation of automated entry would allow for a minimum of 62 monthlies at $165/month plus valet evening and weekend parking. Projected income $180,000 annual.


Primary Features


External Features

Lot Description: 19,277 SF


Additional

Assessor Lot: 509,518,519,520,521

Assessor Plat: 24


Interior Features


Financial Details

Real Estate Taxes: $United States

Real Estate Taxes per Year: $RI