2167 Mineral Spring Ave - Office/Residential FOR SALE


North Providence, RI 02911
$1,250,000 USD
2167 Mineral Spring Ave, North Providence, RI for Sale
$1,250,000 USD
Office/Residential - FOR SALE
1/2
null | Request Cap Rate

2167 Mineral Spring Ave
North Providence, RI 02911


OVERVIEW

FOR SALE | 2167 Mineral Spring Avenue | North Providence, RI Prime Investment Opportunity on High-Traffic Mineral Spring Avenue—a highly visible mixed-use property located on one of Rhode Island’s most heavily traveled retail corridors. Positioned directly on Mineral Spring Avenue, this asset benefits from exceptional daily traffic counts, strong surrounding demographics, and convenient access to Route 146 and I-95, providing excellent connectivity to Providence and surrounding markets. The property features a well-balanced unit mix, including one (1) commercial unit on the first floor, two (2) 2-bedroom residential units on the second floor, and one (1) 3-bedroom residential unit on the lower level. The commercial space is fully occupied by a well-established salon, offering stable, in-place income, while all residential units are also fully leased—making this a true turnkey investment. Each residential unit is outfitted with custom kitchens, stainless steel appliances, hardwood flooring, and in-unit washers and dryers. The second-floor units additionally feature private walk-out terraces, enhancing tenant appeal and rental value. With all units fully occupied and modernized, this property offers immediate cash flow in a prime, high-demand location. For additional information or to schedule a showing, please contact: Garwaine Realty 401-330-2138

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RL 13

APN/PARCEL ID

NPRO-000021B-000000-000353

ASK ABOUT THIS PROPERTY

Jeanne St. GermaineGarwaine Realty, Inc.More Info

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Jeanne St. GermaineGarwaine Realty, Inc.More Info

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