CCertihomes
325 Illinois, Central Falls, RI 02863

$599,000

0 beds 0 baths Built 1900Active

About this home

Prime Investment Opportunity Welcome to this amazing Industrial Commercial Space With Great Expansion Potential Including 3 Commercial Lots Expansion of The Building or added parking and 2 Levels of interior Commercial Space Totaling 4600 Sq Feet High 16 Ft Ceilings Which includes Garage Door Entrance Loading Dock 2 Office Areas a Guest Area 1Full Bathroom 1 Half Bath Beautiful Windows with Great Natural Sunlight Entry! You Don't want to miss this opportunity to own your own commercial building operate your own business or lease for positive cash flow or possible residential conversion and or mix used The possibilities are endless!!!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,676/mo

Real estate (PITI + HOA + PMI)
$5,473
Principal + interest$3,859
Property tax + insurance$1,389
PMI / 2nd mortgage$225
Utilities
$2,366
Heating + cooling$1,030
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$140
$6,676/mo TLC
Budget$7,176/mo
Remaining after TLC$500/mo
Purchase price
$599,000
Down payment
$29,950 (5%)
Loan amount
$569,050
APR
7.19%

Quick facts

Type
Commercial Sale
Style
Year built
1900
Lot size
0.15 ac
Stories
0
Heating
Gas Connected, Space Heater
Cooling
Attic Fan, Wall Unit(s), Window Unit(s)
Water
Connected, Public
HOA
Annual tax
MLS #
1358833
County
Providence

Home features

Interior
Ceiling Height: 15-17 Ft
Sewer
Connected

Lot features

Paved, Sidewalks, Free Standing

Neighborhood — 02863

MetricThis ZIPCountyUSA
Population14,4291,095,423299,088,112
Population Change Since199014.00%9.00%20.00%
Population Density11,248994
Male7,273529,266147,432,321
Female7,156566,157151,655,844
Never Married3,779266,40463,775,926
Married4,405435,678123,120,365
Separated1,07243,64212,639,686
Widowed82066,66815,467,586
Divorced1,09683,84323,075,029
Number Of House Hold5,003410,399111,826,380
Average House Hold Size2.772.562.60
Medial Age30.8637.2735.46
Median House Hold Income$31,213$47,553$48,276
Average House Hold Income$36,369$61,609$63,629
P C I$13,713$23,965$24,529
M D I$27,915$40,634$41,133
A T H E$35,707$49,940$50,898
S T R7.00%7.00%
W C J71.01%78.02%77.74%
(Zip) Code
2863

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/17/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.