Recovery House with 24-Bed
1373 Smith Street North Providence, RI 02911
1373 Smith Street, North Providence, RI, 02911
$1,620,000
For Sale
$1,620,000
Recovery house offering 11 bedrooms, multiple common areas, and 4 full bathrooms, including one ADA-accessible unit.
Property Size4,559 SF
Price / SF$355.34
Days on Market98
Property Features for 1373 Smith Street
General Information
- Standard status
- Active
- Size
- 4,559 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agency
JMR Commercial RE Services
Listed by
J. Murray Regan
(617) 696-6100
Source
Kelleyrege
Added: Apr 15 Updated: Jul 21 at 7:25AM Checked: Jul 21 at 7:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JMR Commercial RE Services
Investment Insights
Based on property information with market context.
The property is a 4,559 SF recovery house designed to support residential recovery programming, with 11 bedrooms, 4 full bathrooms (including one ADA-accessible bathroom), a full kitchen, two common/dining areas, an office, and a sunroom. The facility has a service capacity of 24 beds. Renovation work totaling $290,800 was completed in 2024.
The property is located on a major route near Providence, providing central access to major linkages, interstate highways, public transportation, retail, services, and municipal facilities.
The asset is subject to a 20-year lease that began in August 2023, with a current payment of $145,800 treated as an operating expense. The transaction is identified as suitable for a 1031 exchange buyer.
The property is located on a major route near Providence, providing central access to major linkages, interstate highways, public transportation, retail, services, and municipal facilities.
The asset is subject to a 20-year lease that began in August 2023, with a current payment of $145,800 treated as an operating expense. The transaction is identified as suitable for a 1031 exchange buyer.
Key Highlights
- 4,559 SF recovery house built in 1930 with 11 bedrooms and service capacity for 24 beds
- 4 full bathrooms total, including 1 ADA‑accessible bathroom
- Renovation completed in 2024 with $290,800 renovation cost
Property Analytics
Location Intelligence
Current Use by Public Records
Rehabilitation centers
Similar For Sale Nearby
FAQs
What type of property is this?
Rehabilitation center - Recovery house offering 11 bedrooms, multiple common areas, and 4 full bathrooms, including one ADA-accessible unit.
Where is this rehabilitation center located?
The property is located at 1373 Smith Street North Providence, RI.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: 4,559 SF recovery house built in 1930 with 11 bedrooms and service capacity for 24 beds; 4 full bathrooms total, including 1 ADA‑accessible bathroom; Renovation completed in 2024 with $290,800 renovation cost
