1942 Smith St
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1942 Smith St
2,700 SF 100% Leased Retail Building North Providence, RI 02911 $750,000 ($278/SF)
Executive Summary
Calling all investors! This unique property offers a truly fantastic income opportunity for someone with the right vision! 1942
Smith Street has undergone a total renovation and features 2 separate buildings. Building one offers a restaurant space with a full
commercial kitchen, hostess area, and a sprawling dining area with full bar. The restaurant also has 2 bathrooms. Attached to the
rear of the building is the first of two residential units, with a charming apartment featuring one bedroom and one full bathroom
plus a cozy kitchen area. Continue to the rear of the property to find the carriage house featuring a one car garage, a huge
bedroom, a nice kitchen with great cabinet space, living room, and more, all recently refinished with new flooring and an updated
kitchen. The current owners have worked diligently to return this property to its former glory with two fantastic income earning
residential units, plus a fantastic restaurant space housing an established business.
Smith Street has undergone a total renovation and features 2 separate buildings. Building one offers a restaurant space with a full
commercial kitchen, hostess area, and a sprawling dining area with full bar. The restaurant also has 2 bathrooms. Attached to the
rear of the building is the first of two residential units, with a charming apartment featuring one bedroom and one full bathroom
plus a cozy kitchen area. Continue to the rear of the property to find the carriage house featuring a one car garage, a huge
bedroom, a nice kitchen with great cabinet space, living room, and more, all recently refinished with new flooring and an updated
kitchen. The current owners have worked diligently to return this property to its former glory with two fantastic income earning
residential units, plus a fantastic restaurant space housing an established business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,700 SF
Building Class
C
Year Built
1898
Price
$750,000
Price Per SF
$278
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.10 AC
Zoning
CV
Parking
2 Spaces (0.74 Spaces per 1,000 SF Leased)
Frontage
32 FT on Smith St
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | NPRO-000015-000000-000273 | Improvements Assessment | $237,600 |
| Land Assessment | $89,800 | Total Assessment | $327,400 |
PROPERTY TAXES
Parcel Number
NPRO-000015-000000-000273
Land Assessment
$89,800
Improvements Assessment
$237,600
Total Assessment
$327,400
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1942 Smith St
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