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$ 3,500
New
51 Union ST #C003 Providence, RI 02903
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 1415191
HOA Fees $15/mo
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,053
Tax Year 2025
Property Sub-Type Commercial
Property Description
An exceptional opportunity to Lease to Own a commercial condo in the heart of downtown Providence, perfectly suited for a bar, lounge, nightclub, or entertainment venue. This property benefits from strong foot traffic, nearby restaurants and nightlife, and close proximity to offices, residential developments, and major thoroughfares. The space offers a flexible, open layout ideal for a dance floor, stage, or customizable seating arrangement. The unit is nearly turnkey and requires only minor repairs and cosmetic updates to be fully operational. Property Highlights: * Prime downtown Providence location * Commercial condo ownership opportunity Ideal for bar, club, or entertainment concept * Open floor plan with adaptable layout * High-visibility area with consistent foot traffic * Minimal improvements needed Whether you are launching a new concept or investing in a high-demand entertainment corridor, this property presents a rare chance to own in downtown Providence's thriving commercial market. Contact us today for more details 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. Tenant may exercise the Option to Purchase at any time during the lease period. Condo fees vary per month. See MLS# 1415182
Location
State RI
County Providence
Rooms
Basement Partial
Exterior
Community Features Sidewalks
Utilities Available Natural Gas Connected, Sewer Connected
Building
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Brick
New Construction No
Others
Tax ID 51UNIONSTC003PROV
Acceptable Financing Lease, Lease Option
Listing Terms Lease, Lease Option
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Listed by Innovations Realty