1039 Douglas Ave - Storefront Retail/Residential FOR SALE


Providence, RI 02904- Wanskuck
$995,000 USD
401-612-4242
1039 Douglas Ave, Providence, RI for Sale
$995,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

1039 Douglas Ave
Providence, RI 02904
Wanskuck


OVERVIEW

Buildable land with existing income, located at a highly visible, busy intersection in Providence. Offered for sale is a nearly 20,000 SF comprised of two parcels, including a five-unit mixed-use building with three residential units and two restaurant spaces featuring newer updates including roof and mechanical systems. Both parcels convey together, offering additional development potential and subdivision, subject to approvals. Both parcels are zoned C-2, allowing for a wide range of permitted commercial and mixed-use uses with flexible development standards, including potential drive-through capacity. The site benefits from four curb cuts, providing excellent access, circulation, and exceptional visibility from all sides.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

Branch Ave

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-2

APN/PARCEL ID

PROV-001020-000001-000000

ASK ABOUT THIS PROPERTY

Jonathan KaufmanLila Delman CompassMore Info
401-612-4242

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Jonathan KaufmanLila Delman CompassMore Info
401-612-4242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.