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Mixed-Use Land with Income
For Sale
$995,000
Pending

1039 Douglas, Providence, RI 02904

Land with income at a highly visible, busy intersection.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market202

Property Features for 1039 Douglas

General Information

Standard status Pending
Lot size 0.46 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $23,239

Amenities

Central Heating
Gas Heating

Building Details

Year Built 1900
Listing Agency: COMPASS
Listed By: JONATHAN KAUFMAN
Source: Corcoran
Added: Jan 21 Changed: Aug 8 Last Checked: Apr 5 at 9:02PM

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 COMPASS

Investment Insights

Based on property information with market context.

This offering includes nearly 20,000 square feet of buildable land, comprised of two parcels, situated at a highly visible and busy intersection in Providence. The property features a five-unit mixed-use building with three residential units and two restaurant spaces. Recent updates include a new roof and mechanical systems. Both parcels are zoned C-2, which allows for a wide range of permitted commercial and mixed-use applications with flexible development standards, including potential drive-through capacity. The site benefits from four curb cuts, providing excellent access, circulation, and exceptional visibility from all sides. The parcels convey together, offering additional development potential and subdivision, subject to approvals.

Key Highlights

  • High‑visibility location at a busy intersection.
  • Existing income from a five‑unit mixed‑use building.
  • Significant development potential on nearly 20,000 SF across two parcels.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Hotel & Motel Food Market Acupuncture Kitchen & Bath Showroom

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

1,300
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land with income at a highly visible, busy intersection.
Where is this commercial land located?
The property is located at 1039 Douglas Providence, RI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: High‑visibility location at a busy intersection.; Existing income from a five‑unit mixed‑use building.; Significant development potential on nearly 20,000 SF across two parcels.
More about this property
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