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    1815 Mineral Spring Ave North Providence, RI 02904

    Pending
    For Sale
    $380,000

    Apartment,Office,Commercial - North Providence, RI

    Days on Market:
    131
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1815 Mineral Spring Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    6
    Exterior features
    Suburban

    Building Details

    Year built
    1960
    Architectural style
    Other

    Berkshire Hathaway Pinnacle (401) 480-9004 [email protected]

    Listing agent Daniel Robbins (401) 331-3948

    Listing date Jul 29, 2025

    MLS# 1385521 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Building with Owner Financing

    This one-level commercial building, located on a corner lot with street light access on Mineral Spring Avenue, offers a versatile space that can also be converted to a single-family home. The property features four private rooms suitable for offices or service-based businesses. A reception area leads to a kitchenette and a half bath, with the potential to add a full bath and kitchen. The building includes a full basement for storage, off-street parking, and a new HVAC system with central air. The property is currently occupied by tenants, including an accountant and an administrative office, presenting an investment opportunity. Owner financing is available with 5% down.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.459392
    Latitude
    41.862152

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    FAQs

    What type of property is this?
    Office space - Commercial building in prime location with owner financing available.
    Where is this office space located?
    The property is located at 1815 Mineral Spring Ave North Providence, RI.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Owner financing available with only 5% down.; - Convertible to a single-family home.; - **Phenomenal corner lot location with easy access.**
    (401) 331-3948
    Request Owner's contact information
    1815 Mineral Spring Ave North Providence, RI 02904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1815 Mineral Spring Ave North Providence, RI 02904
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