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    85 Burgess Ave East Providence, RI 02914

    Sponsored
    For Sale
    $350,000

    Two buildings, 5,005 sq ft lot, huge potential!

    Property size:
    1,967 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional East Providence property presents a rare live/work opportunity. The offering encompasses two buildings situated on a 5,005 square foot lot. One building is a single-family home boasting approximately 1,000 square feet of living space, including three bedrooms and one full bathroom plus a half bath. This provides comfortable residential quarters, ideal for minimizing commute times or generating rental income. The second building, a 1,000+ square foot commercial structure, offers a versatile blank canvas for various business ventures. Currently utilized for hydroponic agriculture, this space readily adapts to workshops, offices, or other suitable uses. The property features private off-street parking, a significant advantage in this location. Its convenient proximity to Route 195, downtown Providence, shopping centers, and restaurants enhances its appeal. The total building square footage is 1,967 square feet. The asking price for this unique property is $350,000. Additional photos are forthcoming.

    Property Features for 85 Burgess Ave

    General Information

    Property type
    Land
    Square Feet
    1,967 SF

    HighLights

    • $350,000 asking price.
    • 1,967 SF special purpose property on a 5,005 SF lot in East Providence, RI.
    • Includes a single‑family home (approx. 1000 SF) and a 1000+ SF commercial building.
    • Commercial building suitable for various uses (currently hydroponic agriculture).
    • Convenient location near Route 195 and downtown Providence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bayleys Market Grocery Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3837131
    Latitude
    41.8147138

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    FAQs

    What type of property is this?
    Land - Two buildings, 5,005 sq ft lot, huge potential!
    Where is this land located?
    The property is located at 85 Burgess Ave East Providence, RI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 1,967 SF special purpose property on a 5,005 SF lot in East Providence, RI.; Includes a single-family home (approx. 1000 SF) and a 1000+ SF commercial building.
    Request Owner's contact information
    85 Burgess Ave East Providence, RI 02914
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    East Providence, RI 02914
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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
    85 Burgess Ave East Providence, RI 02914
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