1137 Broad St - Storefront Retail/Office FOR SALE


Providence, RI 02905- Elmwood
$1,599,000 USD
401-359-8799
1137 Broad St, Providence, RI for Sale
$1,599,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | Request Cap Rate

1137 Broad St
Providence, RI 02905
Elmwood


HIGHLIGHTS

  • Corner location

OVERVIEW

Prime Commercial Property with Expansion Potential This two-story commercial building offers a rare combination of character, flexibility, and future development potential. Whether you're an investor, developer, or business owner, this property presents a unique opportunity to shape a premier space in one of the city's most vibrant neighborhoods. With its prime location and flexible zoning, the building is perfectly suited for conversion into residential units, commercial condos, or a mixed-use concept. Boasting classic architectural charm, large storefront windows, and open interiors, the existing structure is ready for reimagining. Boasting classic architectural details and modern updates, the building features expansive street-level windows, original brickwork, high ceilings, and versatile open-plan layouts on both floors. This well-maintained structure provides a rare opportunity to own a piece of history while positioning your business in one of the city's most vibrant and walkable neighborhoods. Even more enticing, the property is eligible for vertical expansion—up to two additional stories or a total height of 50 feet, pending city approval. This unlocks exceptional value for those looking to capitalize on the growing demand for residential and commercial space in a thriving urban setting. Don't miss this opportunity and contact us today, Wendy Delarosa 401-359-8799.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

CROSS STREETS

Prarie Ave

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2

APN/PARCEL ID

PROV-530196-000000-000000

ASK ABOUT THIS PROPERTY

Wendy DelarosaReMax InnovationsMore Info
401-359-8799

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Wendy DelarosaReMax InnovationsMore Info
401-359-8799

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