Address
161 Chestnut Street 1, Providence, RI
Price
$ 4,200
Property Attributes
  • MLS#1344859
  • TypeCom Lease
  • CountyPROVIDENCE
  • CityProvidence
  • NeighborhoodDowntown Arts Center
  • Zip02903
  • StyleCommercial
  • Price$ 4,200
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1950
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

This could be your dream come true. Live and or work in the vibrant Arts center in downtown Providence. This studio space is yours to create, or use as you wish. It is waiting for you. The space offers tall ceiling, upgraded electrical, new roof, new HVAC heating and cooling, a kitchenette, full bathroom with shower, TONS of natural light, dimmable overheard recessed lighting, and a private entry and key code. The current owner runs their highly regarded and known studio out of the other part of the building., which has its own separate entrance as well. With 1950 sq feet, the choices are endless in what you can do with it. The space was recently painted and insulated , it is fire coded, with sprinklers, One year lease, street parking with permit will be needed. Owner pays for water, sewer, trash, recycling, security and taxes, all you would be responsible for is electric and gas. This type of opportunity only comes once in a while , grab it before its gone.

Price History
9/27/2023 Listed $4,800
11/21/2023 13% - $4,200

General Features

Sewer Connected
Cooling CentralAir,Item1Unit
Utilities SewerConnected
Possession Immediately
HOA 0.0
Security Features SecuritySystem,BuildingSecurity,CarbonMonoxideDetectors,FireAlarm,FireSprinklerSystem,KeyCardEntry,SmokeDetectors,SecurityService
Construction Materials Brick
Year Built 1900
Electric Item440Volts
Tenant Pays Electricity,Gas
Stories 1
Levels One
Unit Number 1
Property SubType Commercial
Gross Income 0.0
OwnerPays Repairs,RoofMaintenance,Sewer,Taxes,TrashCollection,Water
Business Type Other
Community Features HighTrafficLocation
Building Name 161 CHESTNUT
Business Name 000
County Providence
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction No
Property Type CommercialLease
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 0.0
Subdivision Name Downtown Arts Center
Possible Use MedicalDental,MixedUse,Office,Other,Residential
Garage Y/N No
Status Active
City Providence
Buyer Agent Compensation 2000
View Y/N No
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 1950.0
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 1
Street Name Chestnut
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 0.0
Electric Expense 0.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N Yes
Additional Parcels Y/N No
Leasable Area 1950.0
Lease Considered Y/N Yes
Rent Control Y/N No
Days on Market 80
Lease Type Net
Standard Status Active
Occupancy Description Tenant
Tax Lot 00
Ownership Type LLC
Property Sub Type Additional Commercial
Taxes 0.0
Cap Rate 0.0
MobileHomeRemainsYN No

Interior Features

Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 1950.0
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Total Parking 0.0
Lot Size Area 1950.0
Number of Buildings 1
Spa No
Building Area Total 1950.0
Lot Size Acres 0.0
Lot Size Units SquareFeet
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Lease Average in 02903

Price
AVG $K
$K
Visits
AVG 113
112
Data Provided by Inside Real Estate®
Year Built
AVG 1879
1900
Walkscore
AVG 94
95
Data Provided by Walkscore® not using MLS data

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