Downtown Retail Condo For
65 Weybosset Street #104 Providence, RI 02903
65 Weybosset Street #104, Providence, RI, 02903
$175,000
For Sale
$175,000
Commercial condo in downtown location, ready for retail ventures.
Property Size450 SF
Price / SF$388.89
Days on Market168
Property Features for 65 Weybosset Street #104
General Information
- Standard status
- Active
- Size
- 450 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1829
Listing Agency
Century 21 Limitless
(508) 726-3492
Listed by
Kyle Seyboth · License #REC.0005226
(508) 726-3492
Source
Liongatere
Added: Jan 29 Checked: Jul 8 at 3:02 pm
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 Century 21 Limitless
Investment Insights
Based on property information with market context.
A commercial condo unit is available for sale in a downtown location. The unit offers 450 square feet of space and includes a basement for storage. The location benefits from high foot traffic. The unit is vacant and suitable for various retail ventures, offering potential for numerous business types. The unit may be sold separately or as a package with other units.
Key Highlights
- Prime downtown location with high foot traffic
- Vacant and ready for immediate occupancy
- 450 square feet of space
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.0k | $22.20 |
| − Vacancy | −$420 | −$0.93 |
| EGI | $9.6k | $21.27 |
| − OpEx | −$2.9k | −$6.38 |
| NOI | $6.7k | $14.89 |
450 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$95.7K
$83.7K – $111.7K
NOI $6,699 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$150.5K
$131.7K – $175.6K
NOI $10,538 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sr22 Insurance
Marketing & Advertising
environs
(Bike/Boat/Book/etc) Store
Lofty Designs Florist ...
(Bike/Boat/Book/etc) Store
Inkwell Communications
Marketing & Advertising
Rogue Island Local ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial condo in downtown location, ready for retail ventures.
Where is this retail space located?
The property is located at 65 Weybosset Street #104 Providence, RI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Prime downtown location with high foot traffic; Vacant and ready for immediate occupancy; 450 square feet of space
