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735 Allens Ave

78,000 SF Office Building Providence, RI 02905 $7,299,000 ($94/SF)

Investment Highlights

  • 3.09 Acres in Opportunity Zone
  • 2 miles to central business district and downtown Providence
  • Located near the Concussions Care at Lifespan Physical Medicine and Rehabilitation.
  • Potential Mixed-use, free standing building
  • Abundant on-site parking

Executive Summary

3.09 Acres in an Opportunity Zone. M1 Zoning provides potential for mixed-use property; main building and additional buildings on property total 70,492 SF with frontage on Allens Avenue, Virginia Avenue, Chapman Avenue and Toronto Avenue.
Possible uses: redevelopment, multi-family, office/medical

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
78,000 SF
Building Class
C
Year Built
1980
Price
$7,299,000
Price Per SF
$94
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
26,000 SF
Slab To Slab
12’
Building FAR
0.58
Land Acres
3.09 AC
Opportunity Zone
Yes
Zoning
M1
Parking
90 Spaces (1.15 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Property Manager on Site
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PROV-001010-000519-000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,114,700
  • Listing ID: 32359753

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 735 Allens Ave, Providence, RI 02905

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