Back to Search
Property profile & analytics
FOR SALE
Showrooms
60 Gano St Providence, RI 02903-4449
Entity Owned
2-yr Hold
Free & Clear
Property ID
US76-0229530
For Sale
1 / 7
$509,000
60 Gano St, Providence, RI 02903-4449
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
960 SF
Lot
0.07 ac (3,000 SF)
Zoning code
R-2
APN
PROV M:17 L:513
UPID
US76-0229530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
West Shore Coffee Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$240k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Gano Cafe LLC · 2 yrs held
Gano Cafe LLC
since 2023
7 recorded transactions
Zoning & alternative use
R-2 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Providence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$250 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,182
Tax year 2023
Assessed value
$233,100
Assessed 2023
Previous assessed
$233,100
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$199,400
Assessed improvement
$33,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
960 SF
Lot
0.07 ac (3,000 SF)
Zoning code
R-2
APN
PROV M:17 L:513
UPID
US76-0229530
Jurisdiction
PROVIDENCE
Zoning & alternative use
R-2 · Providence, RIZoning R-2 · permitted uses
R-2 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Gano Cafe LLC
Entity
Free & Clear · 2 yrs held
Mailing address
16 LOCHWAN ST, WINCHESTER, MA 01890-1616
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2023
—
Gano Cafe LLC
60 Gano St LLC
Deed
—
Oct 2, 2023
—
Fox Point Real Estate LLC
Julio Marin
Redemption Deed
related
—
Dec 13, 2022
—
Reservoir Adventures LLC
Midwood Realty 4 Rigp 4
Redemption Deed
related
—
Oct 17, 2022
—
60 Gano Street LLC
Fox Point Real Estate LLC
Deed
—
Jul 7, 2022
$14,906
Julio Marin
Providence City Of
Public Action
related
—
Oct 21, 2020
$7,262
Midwood Realty 4 Rigp
Providence City Of
Tax Deed
related
—
Oct 27, 2017
—
Fox Point Real Estate LLC
Reservoir Adventures LLC
Grant Deed
—
Oct 7, 2016
—
Gano Properties LLC
Airway Leasing LLC
Redemption Deed
—
Jul 8, 2015
$25,000
Gano Properties LLC
Thomson,douglas C
Warranty Deed
—
Mar 24, 2015
$14,457
Douglas C Thomson
Thomson Douglas C
Redemption Deed
related
—
Jun 28, 1994
$58,000
Douglas Cf Thomson
Martin,rene D
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
