75 Messer Street

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75 Messer Street

Providence, RI 02909
Asking Price
$105K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • This retail storefront property measures 1,350 square feet.
  • The building is currently available for purchase at $105,000.
  • Located in Providence at the 75 Messer Street address.
  • The asset is classified as a retail store sub-type.
  • Providence functions as a major educational and cultural hub.

What's Special

Providence serves as the anchor for Rhode Island's economy, benefiting from its diverse mix of academic institutions, healthcare facilities, and a growing urban retail landscape. This retail storefront situated on Messer Street offers 1,350 square feet of interior space ready for occupancy. Positioned within a dense residential and commercial pocket of the city, the property provides high visibility for local operations and businesses serving the surrounding community. Investors and business owners looking to establish a presence in a historic New England capital will find this location provides a functional footprint suitable for a variety of neighborhood-focused retail concepts. The site is accessible to major regional transit routes and benefits from the consistent foot traffic typical of this established Providence neighborhood. Whether for a specialized boutique, professional service provider, or neighborhood convenience store, the interior layout allows for flexible adaptation to meet specific operational requirements. This storefront represents a manageable entry point into the local market for those seeking a tangible asset in a central metropolitan submarket.

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NOI
$80,000
Cap Rate
76.19%
DSCR
12.83
Strong
Cash-on-Cash
234.18%
Monthly Payment
$519.483
Annual Cash Flow
$73,766.207

Location & Travel Times