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655 Broad St
Providence, RI 02907
The Hindle Medical Building · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Invest in Health: Thriving Physical Therapy Business for Sale!

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
24,760 SF
Building Class
C
Year Built
1963
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,253 SF
Slab To Slab
10’
Building FAR
0.39
Lot Size
1.47 AC
Zoning
R3
Parking
20 Spaces (0.81 Spaces per 1,000 SF Leased)

ABOUT 655 BROAD ST , PROVIDENCE, RI 02907

Thriving Physical Therapy Business & Prime Commercial Condo** Situated in the prestigious Hindle Memorial Building, the commercial condo is neighbored by esteemed institutions like the RI Free Clinic. Serving the Providence community since 1975, Providence Physical Therapy has solidified its reputation as a beacon of wellness and recovery with over four decades of trust, care, and commitment.** With a consistent influx of 400-500 patients weekly, this business is both stable and extremely scalable. The practice is equipped with the latest modalities, including electric stimulation, ultrasound, multiple hydrocolators, cervical and pelvic traction tables, and more. The facility is also furnished with free weights, rolls of t-bands, assorted tables, and other therapy essentials. ** A seamless business experience is ensured with condo fees covering heat, electric, and high-speed internet services. Located on the first floor of a professional medical building, the condo offers ease of access, security, and abundant parking spaces to accommodate both staff and patients. With a formidable team of 21, including multiple Spanish-speaking members, the practice is equipped to serve a diverse patient base.** Providence Physical Therapy is not simply a business; it is a legacy. A new owner will be inheriting years of trust, an extensive patient base, and a highly skilled team. Opportunity for practitioners seeking an ongoing operation EBITDA $200,000+

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CUMB-000016-000850-000000
Land Assessment
$204,800
Improvements Assessment
$25,000
Total Assessment
$229,800
  • Listing ID: 29309159

  • Date on Market: 8/18/2023

  • Last Updated:

  • Address: 655 Broad St, Providence, RI 02907

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