Commercial $ 699,900

544 Douglas Ave

Providence, RI 02908

  • 7,936 SqFt
  • 9,583 Lot Size
  • 1930 Year Built
Exceptional development opportunity on Douglas Ave with significant income potential, consisting of two buildings in a prime Providence location, just steps from Providence College. This property is currently used as professional offices, previously used as apartments. Best use of the property would be a residential apartment conversion, consisting of 7-9 units. The zoning is C2 and offers excellent flexibility for other uses, such as condo conversion or mixed use. Rents in the area are very strong, making a return to residences here a lucrative possibility. Both buildings have updated fire systems, including sprinkler system and fire alarm panels. On-site paved lot for approximately 12 vehicles adds significant value as parking in the area is difficult to find. Located near downtown Providence, I-95, and Smith Hill amenities, this property offers strong long-term potential in a high-demand corridor. (Floor Plans available upon request)
Listed by Pete Dufresne of Keller Williams Realty Leading Edge

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 7, 936 sqft

    Price per Sqft $88

    MLS Listing ID 73476297

    HOA Y/N false

    Year Built 1930

    Annual Tax Amount $20,688

    Tax Year 2025

    Lot Size 9,583 Sqft

    Acres 0.22

  • Location

    State RI

    County Providence

    Zoning C2

    Direction USE GPS

  • Exterior

    Utilities Available Public Water, Public Sewer, Natural Gas Available

  • Others

    Senior Community false

SIMILAR HOMES FOR SALE

Check for similar Commercials at price around $699,900 in Providence,RI

CONTACT

Spectrum Real Estate Consultants
Spectrum Real Estate Consultants

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message