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Retail Space
40 Melrose Street Providence, RI 02907
Details & Description
Price: $440,000
    This well established child care center has successfully operated at this site for over 20+ years. Serving children between the ages of 3-12, and providing pre-school, morning start and after school programs. Secure outdoor area is accessible directly from the building. Full security camera system provides oversite of the entire facility both inside and out. Municipally connected fire alarm system provides heat, fire and carbon monoxide detection. Fully sprinklered throughout. The center remains open all year offering parents no lapses in care. Licensed for 26 pre-school and 14 before/after schoolers. Prior to Covid-19, center maintained a consistent waiting list.The building structure consists of 2900sf of above grade finished area built out as a child care facility. There is approximately 300sf of finished lower level area consisting of ADA bathroom, private office and kitchen. The remaining lower level provides abundant dry storage area, gas boiler, hot water tank, and electrical service.Building expenses total $14,362 and include electricity, gas, water, sewer, property taxes, and landscaping.Currently operating as child care center catering to pre-school and after school children ages 3-12. Present operator has been in business since 2005 when it was purchased from an existing operator.
    Listing Agents
    Jim Conway

    O: 401-447-6062
    jim@conwaycommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    40 Melrose Street

    Providence, RI 02907

    Listing ID: 201588
    40 Melrose Street Providence, RI 02907 | for Sale | Photo 1
    Building Size: 2,900 SF
    Lot Size: 0.092 AC
    Land Size: 4,000 SF
    Building $/SF: $151.72
    Land $/SF: $110.00
    Price
    $440,000
    Description

    This well established child care center has successfully operated at this site for over 20+ years. Serving children between the ages of 3-12, and providing pre-school, morning start and after school programs. Secure outdoor area is accessible directly from the building. Full security camera system provides oversite of the entire facility both inside and out. Municipally connected fire alarm system provides heat, fire and carbon monoxide detection. Fully sprinklered throughout. The center remains open all year offering parents no lapses in care. Licensed for 26 pre-school and 14 before/after schoolers. Prior to Covid-19, center maintained a consistent waiting list.

    The building structure consists of 2900sf of above grade finished area built out as a child care facility. There is approximately 300sf of finished lower level area consisting of ADA bathroom, private office and kitchen. The remaining lower level provides abundant dry storage area, gas boiler, hot water tank, and electrical service.

    Building expenses total $14,362 and include electricity, gas, water, sewer, property taxes, and landscaping.

    Currently operating as child care center catering to pre-school and after school children ages 3-12. Present operator has been in business since 2005 when it was purchased from an existing operator.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Providence History of Retail Space for Sale

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    Providence Area Market Trends

    Listing Demographics for 40 Melrose Street Providence, RI 02907

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 40 Melrose Street in Providence?
    The asking price for 40 Melrose Street is $440,000
    What is the building size of this Retail property in Providence, RI?
    The size of the building/unit at 40 Melrose Street in Providence is 2,900 square feet
    How much land does the Providence, RI property at 40 Melrose Street include?
    40 Melrose Street in Providence includes 0.092 acres of land
    What kind of Retail is the property at 40 Melrose Street?
    The property at 40 Melrose Street Providence, RI 02907 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 40 Melrose Street in Providence?
    The population within 1 mile of 40 Melrose Street Providence, RI 02907 is 40,103 people.
    Who do I contact for questions about 40 Melrose Street?
    You should contact the listing agent, Jim Conway, for any details regarding this commercial listing.

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    Theodore Francis Green State Airport (PVD) 5
    General Edward Lawrence Logan International Airport (BOS) 44
    Bradley International Airport (BDL) 66