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    1729 Smith St North Providence, RI 02904

    Sponsored
    For Sale
    $1,599,000

    Prime RI commercial land, 4,182 sq ft, 3-unit strip center.

    Property size:
    4,182 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    355
    This exceptional commercial property, located at 1729 Smith Street in North Providence, Rhode Island, presents a unique investment opportunity. The property consists of a brand-new, 2024-built, three-unit strip center totaling 4,182 rentable square feet, situated on a sizable 21,300 square foot lot (approximately half an acre). Its contemporary design offers a fresh and appealing space for tenants. The flexible layout is ideal for a variety of retail or office uses. Currently, one unit is already leased, providing immediate income potential, while two units remain available for lease, allowing for customization of the tenant mix. The property benefits from its prime location on busy Smith Street in North Providence, RI, 02904, ensuring high visibility and convenient access for customers and employees. Ample parking is available on the spacious lot. This property is perfect for investors seeking a strong return or businesses looking for a modern, high-traffic location to establish or expand their operations. The asking price for this exceptional opportunity is $1,599,000. This is a turnkey opportunity in a thriving Rhode Island market.

    Property Features for 1729 Smith St

    General Information

    Property type
    Land
    Square Feet
    4,182 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Units
    1

    HighLights

    • $1,599,000 asking price.
    • 4,182 square feet of commercial space on a 21,300 square foot lot.
    • Newly constructed in 2024, consisting of a single building with three units.
    • One unit currently leased, two units available for lease.
    • Located at 1729 Smith Street, North Providence, RI 02904.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.4358733
    Latitude
    41.8668281

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    FAQs

    What type of property is this?
    Land - Prime RI commercial land, 4,182 sq ft, 3-unit strip center.
    Where is this land located?
    The property is located at 1729 Smith St North Providence, RI.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: $1,599,000 asking price.; 4,182 square feet of commercial space on a 21,300 square foot lot.; Newly constructed in 2024, consisting of a single building with three units.
    Request Owner's contact information
    1729 Smith St 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
    1729 Smith St North Providence, RI 02904
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