For Sale
$850,000

14 Imperial Pl Providence, RI 02903

Historic building, high potential, 100% occupied.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This stunning six-story, 2,768 square foot mixed-use building at 14 Imperial Place in Providence, Rhode Island's Jewelry District, presents a unique investment opportunity. Built in 1900, the Class B property boasts gorgeous exposed brick, high ceilings, and abundant natural light. Currently configured as a single-tenant office space with seven private offices, a conference area, private bathroom, kitchenette, and open meeting space, it offers significant value-add potential. The 100% occupancy rate ensures immediate cash flow. The property sits on a 2,768 square foot lot and includes off-street parking, a significant advantage in this desirable location. Given its size and the successful conversion of other units within the building, this property is ideally suited for conversion to residential use, potentially creating multiple units. Concept plans illustrate the feasibility of residential conversion, although buyers should conduct their own due diligence. The asking price is $850,000, translating to $307.08 per square foot. This property offers a rare blend of historic charm, modern convenience, and exceptional upside potential in a thriving urban setting.

Property Details for 14 Imperial Pl

Property type
Retail properties, Mixed-use properties
Square Feet
2,768 SF
Class
B
Year Built
1900
Buildings
1
Stories
6

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.817028
Longitude
-71.41165736

FAQs

What type of property is this?
Retail property - Historic building, high potential, 100% occupied.
Where is the retail property located?
The property is located at 14 Imperial Pl Providence, RI.
What is the asking price?
The asking price for this property is $850,000.
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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14 Imperial Pl
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