1039 Douglas Avenue Providence Providence, RI 02904

Building Details

Year Built

1900

Listing office c***@milestonerealtyinc.com Show Phone

Listing date May 15, 2026

Source Milestonerealtyinc

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 Leanne McCormick

Report an issue

---

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. Newer updates include the 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, subject to approvals. 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 in Providence.
• Existing income from a five‑unit mixed‑use building (3 residential, 2 restaurant).
• Development potential and subdivision possibilities (subject to approvals).

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,200,000

  14,500 SF

  Flexible Industrial Property with Parking

  Industrial flex space with multiple overhead doors, dedicated offices, and fenced outdoor parking for vehicles and equipment.

  145 Carolina Avenue, Providence, RI 02905

  View Details
• 

  $750,000

  1,985 SF

  Downtown Office/Work-Studio Condo

  Third-floor corner office/work-studio condo in a preserved former jewelry building with full and half baths.

  82 Orange Street 3B, Providence, RI 02903

  View Details
• 

  $879,000

  3,676 SF

  Downtown Mixed-Use Building

  Building offers two ground-floor storefronts and seven second-floor office suites with strong building systems.

  11 Peck Street, Providence, RI 02903

  View Details
• 

  $879,000

  3,676 SF

  Downtown Mixed-Use Retail/Office Building

  Two street-level storefronts and seven second-floor office suites offer flexible redevelopment or return-to-office options.

  11 Peck Street, Providence, RI 02903

  View Details
• 

  $599,999

  4,162 SF

  Mixed-Use Investment in Silver Lake

  Mixed-use property with commercial space and two residential apartments.

  196 Pocasset Avenue, Providence, RI 02909

  View Details
• 

  $935,000

  3,284 SF

  Three-Family Residential Income Property

  Three residential units with additional basement apartments provide multiple income-producing configurations.

  792 Atwells Avenue, Providence, RI 02909

  View Details
• 

  $1,650,000

  4,525 SF

  Mixed-Use Building in Prime Location

  Fully rented mixed-use building with long-term tenants and recent renovations.

  374 Wickenden Street, Providence, RI 02903

  View Details
• 

  $700,000

  3,300 SF

  Two-Family Residential Income Property

  Newly built two-family with modern finishes, central heat and AC, and a basement suited for an ADU conversion.

  171 Ocean Street, Providence, RI 02905

  View Details
• 

  $925,000

  3,083 SF

  Two-Unit Residential Income Duplex

  Charming two-family duplex with bright, spacious layouts, private entrances, and wood-burning fireplaces in each unit.

  78 Grotto Avenue, Providence, RI 02906

  View Details
• 

  $689,900

  3,600 SF

  Brand-New Two-Family Residence

  Newly built two-family home with three bedrooms and two baths per unit plus a potential basement ADU.

  39 Douglas Avenue, Providence, RI 02908

  View Details
• 

  $650,000

  3,552 SF

  Three-Unit Residential Income Property

  Well-maintained three-family home with three spacious units and a full unfinished basement for storage and laundry convenience.

  61 Douglas Avenue, Providence, RI 02908

  View Details
• 

  $1,100,000

  2,593 SF

  Two-Family Victorian Residence

  Spacious 1st and 2nd floor 2BR apartments with an unfinished 3rd floor and private yard.

  132 Jenkins Street, Providence, RI 02906

  View Details

FAQs

What type of property is this?

Mixed-use property - Mixed-use property with income and development potential in Providence.

Where is this mixed-use property located?

The property is located at 1039 Douglas Avenue Providence 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 in Providence.; Existing income from a five‑unit mixed‑use building (3 residential, 2 restaurant).; Development potential and subdivision possibilities (subject to approvals).