Amper of Capstone Properties sells two-building complex for $4 million

Providence, RI Neil Amper, SIOR of Capstone Properties has sold a two-building complex located at 703 Allens Ave. and 35 Baker St.

The combined buildings total 54,669 s/f on 50,341 s/f of land.

The properties were home to Danecraft Jewelry for 40 years, during which they marketed silver jewelry. The facility is in a high-traffic and visible location.

The new owners will repurpose the buildings for a medical treatment center.

The sale price was $4 million.

Tags: Brokerage Rhode Island

Reprint

Previous Story Next Story

Richetelli of Colonial Properties serves as broker in $1.15 million sale of 13,464 s/f investment property

Hamden, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the sale of 700 Sherman Ave., a 13,464 s/f two-tenant light industrial investment property situated on 1.82 acres

O,R&L Commercial finalizes $6.5m sale of 222 Universal Dr.

Sweeney Real Estate & Appraisal handles two sales totaling $2.64 million

Sweeney Real Estate handles two sales totaling $2.64 million

Northeast Private Client Group finalizes $6.7 million sale of 40 Ames Ave.

Northeast Private Client Group finalizes $6.7m sale of 40 Ames Ave.

Mazzucco of Compass closes $2.75 million sale

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Finance

JLL Capital Markets arranges $62.5m financing for 44 Middlesex Tpke. - secured the loan through Blue Light Capital

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.