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    101 Hartford Ave Providence, RI 02909

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    For Sale
    Contact for pricing

    65,000 SF Mill, Prime Location

    Property size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 65,000-square-foot industrial property, located at 101 Hartford Ave, Providence, RI 02909, presents a unique redevelopment opportunity. The three-story brick mill, built in 1900 and renovated in 1980, sits on a 2-acre lot and boasts four loading docks, a freight elevator, and a material lift. Ample parking is available with 60+ spaces. The building features a full, half-submerged basement, adding significant usable space to the two floors of manufacturing space. Its mixed-use industrial zoning allows for diverse possibilities. Conveniently located minutes from downtown Providence and with direct highway access to US-6, this property offers unparalleled access to major transportation routes, including proximity to I-295 and I-95 (less than 3 miles). The building's history includes use as a wood furniture manufacturing facility. Adjacent to Riverside Park, this site offers a blend of industrial functionality and appealing surroundings. The property is currently vacant and available for sale by owner. This is an exceptional opportunity for investors and developers seeking a substantial industrial space with significant redevelopment potential in a thriving urban location. The property's Class C designation reflects its age and potential for modernization.

    Property Features for 101 Hartford Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    65,000 SF
    Class
    C
    Lot Size
    87,120 SF

    Building Details

    Year Built/Renovated
    1900/1980
    Buildings
    1
    Stories
    3

    HighLights

    • 65,000 SF industrial building for sale in Providence, RI.
    • Vacant, Class C property with mixed‑use industrial zoning.
    • Features four loading docks, 60 parking spaces, and a freight elevator.
    • Situated on a 2‑acre lot with direct highway access to US‑6.
    • Three‑story building, originally built in 1900 and renovated in 1980.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.448169874139
    Latitude
    41.817431084635

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    FAQs

    What type of property is this?
    Distribution property - 65,000 SF Mill, Prime Location
    Where is this distribution property located?
    The property is located at 101 Hartford Ave Providence, RI.
    What are key features of this property?
    This property features: 65,000 SF industrial building for sale in Providence, RI.; Vacant, Class C property with mixed-use industrial zoning.; Features four loading docks, 60 parking spaces, and a freight elevator.
    Request Owner's contact information
    101 Hartford Ave Providence, RI 02909
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    Providence, RI 02909
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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
    101 Hartford Ave Providence, RI 02909
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