56 60 River Avenue Providence, RI 02908

Building Details

Year Built

1981

Listing office eXp Realty m***@hotmail.com Show Phone

Listing date Dec 11, 2025

Source Liongatere

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Investment Insights

Based on property information with market context.

Located at 56 60 River Ave in Providence, this property presents a rare opportunity for investors and developers. Zoned M1, the 7,220 sq. ft. lot supports various potential uses, including residential, industrial, warehouse, or investment development. The existing solid concrete and masonry structure is suitable for renovation, expansion, or multi-unit conversion. The property benefits from public water and sewer services and includes over 13 on-site parking spaces. The project has started transitioning into residential use and includes two professional plan sets, one for a larger multi-unit concept and another for a smaller conversion, providing flexibility for investment strategy. Situated in the Mount Pleasant/Elmhurst area of Providence, the location offers convenient access to Downtown, top colleges, shopping, restaurants, parks, community centers, and hospitals. Major commuter routes, including I-95 and Route 146, are also nearby. This location is suitable for multi-unit housing, student rentals, corporate rentals, or mixed-use development.

Key Highlights

• M1 Zoning allows for diverse development options.
• Approved project with two professional plan sets for multi‑unit or smaller conversion.
• Prime location in high‑demand Mount Pleasant/Elmhurst, minutes from Downtown, colleges, and amenities.

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FAQs

What type of property is this?

Commercial land - M1-zoned property suitable for residential, industrial, or warehouse development.

Where is this commercial land located?

The property is located at 56 60 River Avenue Providence, RI.

What is the asking price?

The asking price for this property is $440,000.

What are key features of this property?

This property features: M1 Zoning allows for diverse development options.; Approved project with two professional plan sets for multi‑unit or smaller conversion.; Prime location in high‑demand Mount Pleasant/Elmhurst, minutes from Downtown, colleges, and amenities.