253 Georgia AveProvidence, RI 02905

For Lease
$15/SF/YR View listing
  • Industrial properties
  • 14,822 SF

Property Details for 253 Georgia Ave

Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.73 AC
Property size (Sq ft)
14,822 SF
Zone code
M-1
Property type
Industrial properties
APN
PROV M:58 L:789
APU
PROVM58L789

Description

This exceptional single-story manufacturing facility, located at 253 Georgia Avenue in Providence, Rhode Island, presents a unique opportunity for businesses seeking efficient and well-situated industrial space. The property boasts a generous 14,822 square feet of building area situated on a sizable 31,708 square foot lot. The building features 16-foot ceilings, providing ample vertical space for various manufacturing operations. Access is convenient with one drive-in door. The property is zoned M-1, ensuring compatibility with a wide range of industrial uses. Its strategic location offers excellent accessibility, being less than one mile from I-95, and benefits from prominent frontage on Georgia Avenue, Toronto Avenue, and Eddy Street. This property is ideal for businesses requiring a single-tenant industrial space in a prime Providence location. The building is situated in Providence County, Rhode Island, with a zip code of 02905. This is a single-level building, making operations efficient and straightforward. The property's size and features make it suitable for a variety of manufacturing and industrial applications. The convenient location and ample space make this an attractive option for businesses seeking to establish or expand their operations in the Providence area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,804,902
    Hospitality
    $2,569,275
    Educational
    $2,137,607
    Medical
    $2,211,122
    Retail
    $3,325,166
253 Georgia Ave, Providence, Rhode Island

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.7913
Longitude
-71.403
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,803
$200,000
$335,700
$535,700
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-
-
-

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