For Sale
$69,900

512 Prairie AveProvidence, RI 02905

Historic building, high-traffic location, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional commercial property at 512 Prairie Avenue in Providence, Rhode Island, presents a unique investment opportunity. The 4,356 square foot lot features a two-story, 1920s-era building ideally suited for a restaurant or similar commercial venture. Located in the heart of South Providence on a busy street, this property benefits from high visibility and foot traffic. The existing building offers over 1,000 square feet of leasable space and includes existing equipment that can be utilized or replaced to suit a new owner's needs. The property's strategic location is further enhanced by the construction of a 12-unit residential building directly across the street, promising increased residential density and potential customer base. Surrounded by residential properties, this site is perfectly positioned to serve the neighborhood's needs, making it an ideal location for a convenience store or restaurant. The asking price for this property is $69,900. This is a rare chance to acquire a well-situated commercial property in a thriving area of Providence, offering significant potential for growth and return on investment. The property's historical charm combined with its modern-day potential makes it a truly compelling opportunity. Don't miss out on this chance to own a piece of Providence's vibrant commercial landscape.

Highlights

  • $69,900 asking price.
  • Land and retail property in Providence, RI.
  • 4,356 square foot lot.
  • 1920 construction, 2-story building.
  • Located on Prairie Avenue in South Providence.

Property Details for 512 Prairie Ave

Property type
Retail properties, Restaurants
Year Built
1920
Buildings
1
Stories
2

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.800165
Longitude
-71.4123337
512 Prairie Ave, Providence, Rhode Island

FAQs

What type of property is this?
Retail property - Historic building, high-traffic location, great potential.
Where is the retail property located?
The property is located at 512 Prairie Ave Providence, RI.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: $69,900 asking price.; Land and retail property in Providence, RI.; 4,356 square foot lot.
How can I contact the broker?
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512 Prairie Ave
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