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Masonry Flex Space with Fenced Parking
For Sale
$1,200,000
Pending

145 Carolina Avenue, Providence, RI 02905

Commercial/Business,Commercial Sale, Providence, RI

Property Size14,500 SF
Lot Size0.54 Acres
Days on Market59

Property Features for 145 Carolina Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning M-1
Parking 32
Security features Security
Interior features Ceiling Height (12 to 15 Ft)
Lot features Free Standing, Urban
Standard status Pending
Size 14,500 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 34348

Utilities

Heating system Forced Air

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Building materials Masonry
Listing Agency: Williams & Stuart Real Estate
Listed By: Kate DeSimone
Added: Jun 29 Changed: Aug 19 Last Checked: Aug 26 at 3:06PM
MLS# 1416610

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14,500-square-foot flex property combines adaptable commercial space with practical operating features. The masonry building, constructed in 1965, includes multiple overhead doors, dedicated office space, forced-air heating, and ceiling heights ranging from 12 to 15 feet. Fenced parking and outdoor areas support vehicle, equipment, inventory, or storage needs.

The property includes 0.5381 acres and benefits from convenient highway access in Providence. A separate 16,800 square foot bonus parking lot is located across the street and is also fully fenced. M-1 zoning supports a broad range of light industrial and commercial applications, including vehicle repair, contractor operations, towing, breweries, training, fitness, arts-related coworking, and cultivation facilities.

Key Highlights

  • 14,500 square feet of flex space in a masonry building
  • M‑1 zoning supports varied light industrial and commercial applications
  • 16,800 square foot bonus parking lot across the street

Property Analytics

Current Use

Karl Dental supply ... Dental Office Bananagrams, Inc. Corporate Office Bananagrams Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02905, RI

26,334
Population
10,361
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
77%
High-School Grad
3.7 sq mi
ZIP Area
7,117
Density / Sq Mi
$57,126
Median Household Income
$36,799
Median Earnings
$1,103
Median Rent
$322,700
Median Home Value

Market

Vacancy Rate% for Industrial in Providence, RI

0.2% 2019
0.1% 2020
0.1% 2021
0% 2022
0.4% 2023
0.1% 2024
0.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Personal Chef Sophie Providence, RI 02905
  • Fire Works Catering 840 Allens Ave, Providence, RI 02905

Frequently Asked Questions

What type of property is this?
Flex space - M-1-zoned flex property with overhead doors, office space, and fenced areas for parking or storage.
Where is this flex space located?
The property is located at 145 Carolina Avenue Providence, RI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 14,500 square feet of flex space in a masonry building; M‑1 zoning supports varied light industrial and commercial applications; 16,800 square foot bonus parking lot across the street
More about this property
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