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    235 Meeting St Providence, RI 02906

    Sponsored
    For Sale
    Contact for pricing

    3970 sq ft, 3-story building, $14,000

    Property size:
    3,970 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,970 square foot commercial property, located at 235 Meeting Street UNIT 1 in Providence, RI, presents a unique investment opportunity. Built in 2023, this three-story building sits on a 2,178 square foot lot and offers a versatile space ideal for a variety of businesses, including restaurants and retail establishments. The ground and lower levels feature dedicated kitchen areas, with a walk-in cooler and freezer on the lower level. The second floor provides ample space for dining or lounge areas. The property benefits from a highly desirable location on the East Side of Providence, near the intersection of Thayer and Meeting Street, boasting high foot traffic and excellent visibility. Nearby establishments include popular brands such as Shake Shack, Starbucks, and Ben & Jerry's, ensuring significant exposure. Its proximity to Brown University and downtown Providence further enhances its appeal. This is a rare opportunity to acquire a brand-new, well-located commercial space with no triple net fees. The property is comprised of one unit.

    Property Features for 235 Meeting St

    General Information

    Property type
    Restaurants
    Square Feet
    3,970 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • $14,000 asking price for a 3,970 SF commercial property.
    • Located at 235 Meeting Street, Unit 1, Providence, RI 02906.
    • Brand new, 3‑story building (2023 construction) on a 2,178 SF lot.
    • Ideal for retail or restaurant use; lower level includes walk‑in cooler and freezer, with kitchen space on lower and ground floors.
    • High foot traffic location near Brown University and popular businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.400446
    Latitude
    41.8290796

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    FAQs

    What type of property is this?
    Restaurant - 3970 sq ft, 3-story building, $14,000
    Where is this restaurant located?
    The property is located at 235 Meeting St Providence, RI.
    What is the asking price?
    The asking price for this property is $14,000.
    What are key features of this property?
    This property features: $14,000 asking price for a 3,970 SF commercial property.; Located at 235 Meeting Street, Unit 1, Providence, RI 02906.; Brand new, 3-story building (2023 construction) on a 2,178 SF lot.
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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
    235 Meeting St Providence, RI 02906
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