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Commercial Land with Leased Building
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1005 Charles Street, North Providence, RI 02904

CV-zoned commercial property with a fully occupied building and recently renovated interior.

Property SizeContact for details
Days on Market144

Property Features for 1005 Charles Street

General Information

Standard status Active
Property subtype Land, Retail
Listing Agency: Oakmont Realty Group
Listed By: Raymond Keough
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oakmont Realty Group

Investment Insights

Based on property information with market context.

The property at 1005 Charles Street includes a commercial building occupied in its entirety by a tattoo parlor under a five-year lease with annual increases. The interior was renovated one year ago when the tenant expanded from half of the building to the full structure. Earlier configurations divided the building for multiple occupants, providing a documented multi-tenant layout history.

The site is zoned CV, or Commercial Village. The property may also be acquired with 1007 Charles Street, a separate lot with a burrito restaurant tenant. That tenant has indicated a willingness either to remain or vacate based on the buyer’s preference. Together, the two parcels are positioned for continued commercial use or future expansion supported by the existing zoning.

Key Highlights

  • CV zoning supports commercial use and future expansion
  • 1005 Charles Street building is fully occupied by a tattoo parlor
  • Five‑year lease with annual increases

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Dollar Tree Shops & Services
20,931 visits/mo 0.4 miles
Cumberland Farms Shops & Services
18,873 visits/mo 0.1 miles
Shell Shops & Services
12,105 visits/mo 0.2 miles
El Charro Dining
8,111 visits/mo 0.2 miles
Citizens Bank Shops & Services
5,175 visits/mo 0.2 miles

Demographics for 02904, RI

31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - CV-zoned commercial property with a fully occupied building and recently renovated interior.
Where is this commercial land located?
The property is located at 1005 Charles Street North Providence, RI.
What are key features of this property?
This property features: CV zoning supports commercial use and future expansion; 1005 Charles Street building is fully occupied by a tattoo parlor; Five‑year lease with annual increases
More about this property
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