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655 Broad Street , #5

Providence, RI 02907
  • $875,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 1340298
UPDATED: 42 min ago
$875,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,830
    SQFT
  • $478
    $/SQFT
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Description

Thriving Physical Therapy Business & Prime Commercial Condo** Situated in the prestigious Hindle Memorial Building, the commercial condo is neighbored by esteemed institutions like the RI Free Clinic. Serving the Providence community since 1975, Providence Physical Therapy has solidified its reputation as a beacon of wellness and recovery with over four decades of trust, care, and commitment.** With a consistent influx of 400-500 patients weekly, this business is both stable and extremely scalable. The practice is equipped with the latest modalities, including electric stimulation, ultrasound, multiple hydrocolators, cervical and pelvic traction tables, and more. The facility is also furnished with free weights, rolls of t-bands, assorted tables, and other therapy essentials. ** A seamless business experience is ensured with condo fees covering heat, electric, and high-speed internet services. Located on the first floor of a professional medical building, the condo offers ease of access, security, and abundant parking spaces to accommodate both staff and patients. With a formidable team of 21, including multiple Spanish-speaking members, the practice is equipped to serve a diverse patient base.** Providence Physical Therapy is not simply a business; it is a legacy. A new owner will be inheriting years of trust, an extensive patient base, and a highly skilled team. Opportunity for practitioners seeking an ongoing operation EBITDA $200,000+

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-10-03T06:37:50.5.
www.mercuriogroup.com/homes/142585948
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655 Broad Street , #5 Providence, RI 02907

  • Price: $875,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 42 min ago
  • MLS #: 1340298
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,830
SQFT
$478
$/SQFT
1963
Built
County:
Providence
Area:
Providence
Property Description
Thriving Physical Therapy Business & Prime Commercial Condo** Situated in the prestigious Hindle Memorial Building, the commercial condo is neighbored by esteemed institutions like the RI Free Clinic. Serving the Providence community since 1975, Providence Physical Therapy has solidified its reputation as a beacon of wellness and recovery with over four decades of trust, care, and commitment.** With a consistent influx of 400-500 patients weekly, this business is both stable and extremely scalable. The practice is equipped with the latest modalities, including electric stimulation, ultrasound, multiple hydrocolators, cervical and pelvic traction tables, and more. The facility is also furnished with free weights, rolls of t-bands, assorted tables, and other therapy essentials. ** A seamless business experience is ensured with condo fees covering heat, electric, and high-speed internet services. Located on the first floor of a professional medical building, the condo offers ease of access, security, and abundant parking spaces to accommodate both staff and patients. With a formidable team of 21, including multiple Spanish-speaking members, the practice is equipped to serve a diverse patient base.** Providence Physical Therapy is not simply a business; it is a legacy. A new owner will be inheriting years of trust, an extensive patient base, and a highly skilled team. Opportunity for practitioners seeking an ongoing operation EBITDA $200,000+
Exterior Features

Construction Materials Brick Parking Total 20

Property Features

Business Type HealthservicesMedical Community Features HighwayaccessNearhospitalNearschoolsPublictransportationRecreationareaRestaurantShoppingHightrafficlocation Electric Item200AmpService Gross Income 200000 Human Modified YN No Land Lease YN No New Construction YN No Possible Use MedicaldentalOffice Property Sub Type Commercial Sewer Connected Tax Annual Amount 6970 Tax Assessed Value 198600 Tax Lot 246 Tax Year 2023 Utilities Sewerconnected Zoning R3

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Westcott Properties: .



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-10-03T06:37:50.5.
 
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Remax Preferred - The Mercurio Group
641 Armistice Blvd.
Pawtucket RI, 02861