For Sale
$950,000

665 Plainfield St Providence, RI 02909

High-Traffic Location, Mixed-Use Potential

Overview

Added:
Feb 3
Days on market:
79
This exceptional 0.42-acre property at 665 Plainfield Street in Providence, Rhode Island, presents a lucrative investment opportunity. Priced at $950,000, this general commercial property boasts full approvals for a dynamic mixed-use development. The project encompasses six high-visibility commercial units ideally situated in a bustling, high-traffic area, guaranteeing maximum exposure for tenants. Complementing the commercial spaces are twenty-four thoughtfully designed residential apartments, promising substantial rental income. The comprehensive plans are already approved, eliminating lengthy delays and allowing for immediate development commencement. This turnkey project offers a rare chance to capitalize on a prime location and a proven business model, generating both commercial and residential revenue streams. The property's strategic positioning ensures strong tenant demand and consistent cash flow. This is an unparalleled opportunity for investors seeking a high-return, low-risk investment in a thriving Rhode Island market. Don't miss this chance to acquire a property with significant income potential and immediate development viability. Act now to secure this exceptional investment.

Property Details for 665 Plainfield St

Property type
Commercial real estate
Year Built
1960
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8125
Longitude
-71.46116

FAQs

What type of property is this?
Commercial real estate - High-Traffic Location, Mixed-Use Potential
Where is the commercial real estate located?
The property is located at 665 Plainfield St Providence, RI.
What is the asking price?
The asking price for this property is $950,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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665 Plainfield St
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