248 Hawkins Street

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248 Hawkins Street

Providence, RI 02904
Asking Price
$890K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is located at 248 Hawkins Street in Providence Rhode Island.
  • This mixed-use asset features 4,500 square feet of interior space.
  • The building is currently listed for sale at 889900 dollars.
  • Its functional layout supports traditional office and business usage.
  • Providence functions as a primary economic center within the region.

What's Special

Providence serves as a vital economic and educational hub for Rhode Island, characterized by a diverse mix of commercial enterprises and a steady local workforce. This mixed-use property at 248 Hawkins Street provides a versatile footprint for investors or owner-occupiers seeking a base in this established market. Spanning 4,500 square feet, the building is classified as a traditional office asset, suitable for professional services, boutique operations, or creative business environments. The layout supports various configurations, offering flexibility for companies requiring centralized access within the metro area. Its location aligns with urban business corridors, positioning the asset well for those looking to tap into the city’s dense residential and commercial landscape. This site presents a functional solution for organizations targeting a functional workspace in a well-connected submarket, ensuring consistent accessibility for employees and clients alike.

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NOI
$80,000
Cap Rate
8.99%
DSCR
1.51
Strong
Cash-on-Cash
10.18%
Monthly Payment
$4,402.74
Annual Cash Flow
$27,167.124

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