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$ 3,500
New
55 Union ST #C002 Providence, RI 02903
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 1415194
HOA Y/N No
Year Built 1900
Annual Tax Amount $7,428
Tax Year 2025
Property Sub-Type Commercial
Property Description
Take advantage of this outstanding opportunity to Lease to Own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike. The versatile layout makes this space ideal for a bar, restaurant, caf , or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting. Property Highlights: * Prime downtown Providence location * Walking distance to Providence Place Mall and City Hall * Easy access to major highways * Flexible layout suitable for bar, restaurant, or office use * Strong pedestrian and vehicular traffic * Excellent owner-user or investment opportunity Whether you're looking to establish your business in a high-demand area or add to your commercial portfolio, this property delivers location, flexibility, and long-term value. Contact us today for additional information or to schedule a private showing. This is a 5 Year Triple Net Lease: $3,500 Triple Net Lease per month for 2 Years; Increasing to $4,500 Triple Net per month for the next 3 Years. CPI Increases following the fifth year. Condo Fee Costs Vary per month. See MLS # 1415175
Location
State RI
County Providence
Rooms
Basement Partial
Exterior
Community Features Sidewalks
Utilities Available Sewer Connected
Street Surface Paved
Building
Lot Description Corner Lot
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Brick
New Construction No
Others
Tax ID 55UNIONSTC002PROV
Acceptable Financing Lease, Lease Option
Listing Terms Lease, Lease Option
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Listed by Innovations Realty