Price Reduced ListingAttention developers and investors! Incredible development opportunity in Providence with plans in hand for a mixed-use project consisting of 8 residential apartments and 3 commercial units, for a total of 11 units. An existing repair shop is currently situated on the property. This is a rare chance to acquire a strategically located parcel with significant upside potential in one of Providence's active commercial corridors. Whether you're looking to develop immediately or add to your investment portfolio, the possibilities are outstanding. Conveniently located along the highly traveled Plainfield Street corridor near the Silver Lake and Olneyville neighborhoods. Minutes to Downtown Providence, major hospitals, universities, shopping, dining, and public transportation. Easy access to Route 6, Route 10, I-95, and I-195 provides convenient connectivity throughout Rhode Island and into Massachusetts. Don't miss this exceptional opportunity to bring your vision to life in a prime Providence location.
| MLS # | 1414858 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 118 |
| Listing Provided By | Century 21 Limitless | Kyle Seyboth |
| Zoning | Residential |
|---|---|
| Acreage | 0.17 |
| Lot Features | Downtown |
|---|---|
| Topography | Level |
| Construction Materials | Masonry |
| Utilities | Electricity Connected, Gas, Municipal Water, Electricity Available, Natural Gas Available, Muncipal Water, Sewer Available |
|---|
| Tax Annual Amount | 0 |
|---|---|
| Tax Assessed Value | 218100 |
| Tax Lot | 429 |
| Tax Year | 2024 |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02909 |
| Area | Providence |
| Listing VS Median (in 02909) | |
Price: $600,000 low | high Med: $424,900 On site: 118 low | high Med: 12 | |
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02909 |
| Area | Providence |
| Listing VS Median (in 02909) | |
Price: $600,000 low | high Med: $424,900 On site: 118 low | high Med: 12 | |