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40 Melrose ST Providence, RI 02907
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Key Details
Sold Price $508,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $175
Subdivision Historic Elmwood
MLS Listing ID 1338003
Sold Date 09/06/23
HOA Y/N No
Abv Grd Liv Area 2,900
Year Built 1911
Annual Tax Amount $8,154
Tax Year 2022
Lot Size 5,000 Sqft
Property Description
This property offers a rare opportunity to acquire and establish a daycare center with over 2900 sq. ft. of space, perfect for serving preschool children. The MorningStar program, along with an after-school program, provides a comprehensive learning experience for children. The property features four sections of open space, a private faculty room, and an on-site management office.
The fenced yard provides a safe area for children to play, while security cameras and a secure entrance ensure the safety of all visitors and staff. The building is also equipped with fire alarm systems and interior sprinklers, providing an added layer of safety.
In addition to the daycare center, the property also includes two residential units on top, providing an opportunity for additional income.
This is truly a great beginning for an early learning center, and an amazing opportunity not to be missed. Contact us today to schedule a viewing and see the potential for yourself!
Location
State RI
County Providence
Community Historic Elmwood
Rooms
Basement Full
Interior
Heating Baseboard, Gas, Hot Water, Zoned
Cooling 1 Unit
Furnishings Furnished
Exterior
Utilities Available Natural Gas Connected, Sewer Connected
Street Surface Concrete
Total Parking Spaces 5
Building
Foundation Concrete Perimeter
Sewer Connected
Water Connected
Structure Type Frame,Masonry
New Construction No
Others
Tax ID 40MELROSESTPROV
Security Features Security System Owned,Security System,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Financing Cash
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