129-141 Douglas Ave
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129-141 Douglas Ave
14,000 SF 100% Leased Office Building Providence, RI 02908 For Sale
Executive Summary
Unlock the potential of this prime commercial property in Providence, RI, featuring over 10,000 square feet of versatile space on nearly an acre of land. Ideally situated at the highway on-ramp, this location boasts exceptional visibility and a high traffic count, making it perfect for a wide range of businesses. Currently home to a thriving restaurant and event space, the property also presents an exciting opportunity for residential development. With close proximity to Providence College, which is continuously growing, as well as downtown Providence, bus stations, and the train station, this site is perfectly positioned to accommodate housing or condominium development. Imagine creating mixed-use space that combines modern residences with commercial units, catering to the increasing demand for urban living. Additionally, the property includes 50 parking spots, ensuring convenience for residents and customers alike. Whether you envision a vibrant community hub or a stylish residential complex, this property is primed for transformation. Don’t miss your chance to invest in a location with limitless possibilities—contact us today for more details and to schedule a viewing!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
14,000 SF
Building Class
C
Year Built
1900
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
4,667 SF
Building FAR
0.54
Land Acres
0.60 AC
Zoning
C - Commercial
Parking
47 Spaces (3.36 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Number | PROV-680207-000000-000000 | Improvements Assessment | $158,900 |
Land Assessment | $92,700 | Total Assessment | $251,600 |
PROPERTY TAXES
Parcel Number
PROV-680207-000000-000000
Land Assessment
$92,700
Improvements Assessment
$158,900
Total Assessment
$251,600
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129-141 Douglas Ave
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