Vacant Commercial Storefront
25 Pontiac Avenue Providence, RI 02907
25 Pontiac Avenue, Providence, RI, 02907
$650,000
For Sale
$650,000
Vacant retail and office-ready building with flexible layout and visibility near major routes.
Property Size3,150 SF
Lot Size0.14 Acres
Price / SF$206.35
Days on Market79
Property Features for 25 Pontiac Avenue
General Information
- Standard status
- Active
- Size
- 3,150 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
My Dream Home Realty
(401) 499-6945
Listed by
Marisela Vasquez · License #0018925
(401) 499-6945
Source
Liongatere
Added: Apr 29 Checked: Jul 16 at 11:30 am
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 My Dream Home Realty
Investment Insights
Based on property information with market context.
This vacant commercial building offers approximately 3,150 square feet within a 0.14-acre lot. The space is configured as a storefront-style property and is well-suited for a range of commercial uses, including retail, office, or service-oriented operations. Designed for flexibility, the building provides a turn-key opportunity for an owner-occupant or for a buyer looking to reposition the property for future tenants.
The property is located at 25 Pontiac Avenue in Providence, Rhode Island. Public remarks note strong visibility and accessibility, with proximity to major routes. It sits along a busy corridor surrounded by other established businesses, supporting a practical, customer-facing setting.
From an operational standpoint, the flexible interior accommodates different commercial concepts without limiting the buyer to a single use. As a vacant asset, it also offers straightforward transition time for an owner-user planning renovations or for an investor seeking a building that can be adapted to multiple potential tenant requirements in a retail/service environment.
The property is located at 25 Pontiac Avenue in Providence, Rhode Island. Public remarks note strong visibility and accessibility, with proximity to major routes. It sits along a busy corridor surrounded by other established businesses, supporting a practical, customer-facing setting.
From an operational standpoint, the flexible interior accommodates different commercial concepts without limiting the buyer to a single use. As a vacant asset, it also offers straightforward transition time for an owner-user planning renovations or for an investor seeking a building that can be adapted to multiple potential tenant requirements in a retail/service environment.
Key Highlights
- Vacant commercial building in Providence built in 1950
- 3,150 SF building on a 0.14‑acre lot
- Flexible interior space suited for retail, office, or service business use
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.1k | $27.00 |
| − Vacancy | −$13.2k | −$4.19 |
| EGI | $71.9k | $22.81 |
| − OpEx | −$18.0k | −$5.70 |
| NOI | $53.9k | $17.11 |
3,150 SF · lease $27.00/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$770.0K
$673.8K – $898.3K
NOI $53,900 @ 7.0% cap · market cap 8.29%
Second Best
Retail
$669.9K
$586.2K – $781.6K
NOI $46,895 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$1.05M
$922.1K – $1.23M
NOI $73,769 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Vacant retail and office-ready building with flexible layout and visibility near major routes.
Where is this storefront property located?
The property is located at 25 Pontiac Avenue Providence, RI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Vacant commercial building in Providence built in 1950; 3,150 SF building on a 0.14‑acre lot; Flexible interior space suited for retail, office, or service business use
