18 Belden St - Car Washes FOR SALE


Providence, RI 02907- Elmwood
$500,000 USD
508-341-9770
18 Belden St, Providence, RI for Sale
$500,000 USD
Car Washes - FOR SALE
1/5
null | Request Cap Rate

18 Belden St
Providence, RI 02907
Elmwood


HIGHLIGHTS

  • Located in the dense Elmwood neighborhood of Providence near thriving retail corridors.
  • Positioned less than 1,000 feet from the exit ramp of Interstate 95, offering strong vehicular access.
  • Existing single-story building with seven self-service bays in place for operating flexibility.
  • Surrounded by national retailers and neighborhood businesses, enhancing traffic flow and visibility.
  • Approximately 0.52 acres, permitting redevelopment into multiple commercial concepts as market demand dictates.

OVERVIEW

This property presents a unique owner-user or redevelopment opportunity in Providence’s Elmwood neighborhood. Positioned on a 0.52-acre parcel, the site includes a 4,485 square-foot single-story structure formerly operating as a self-service car wash with seven functional bays. Its flexible layout allows repurposing for automotive services, convenience retail, or a new commercial concept, depending on buyer objectives. Located less than 1,000 feet from an I-95 offramp, the site benefits from outstanding connectivity to the region’s main transportation corridor, which sees traffic volumes exceeding 148,000 vehicles daily. The Elmwood area offers strong surrounding fundamentals with a dense residential base and a trade area exceeding 400,000 residents within five miles. Local and national brands, including Dunkin’, AutoZone, and Tire Warehouse, add synergy to the corridor and underscore its commercial activity. The property is situated within Providence’s urban core, offering access to a robust labor pool, established neighborhoods, and a vibrant retail scene. With excellent regional access, ample market density, and a flexible footprint, this asset provides significant long-term potential for investment or redevelopment.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-2

APN/PARCEL ID

PROV-600202-000000-000000

ASK ABOUT THIS PROPERTY

Messias PedroBroadwayMore Info
508-341-9770

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Messias PedroBroadwayMore Info
508-341-9770

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