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    Providence, RI
    Parking & Garage

    Providence, RI Parking Lots & Garages for Sale

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    Cranston, RI Pawtucket, RI Woonsocket, RI East Providence, RI North Providence, RI Johnston, RI Lincoln, RI Central Falls, RI
    Multi-Lot Flex-Use Property
    Updated: Jun 3
    Multi-Lot Flex-Use Property

    550 Prairie Avenue, Providence, RI 02905

    $899,000
    2,350 sqft
    Flex‑use commercial property at 550 Prairie Ave, Providence, RI (year built 1950)
    Multiple‑lot setup with three separate lots totaling over 17,000 SF
    Existing commercial building ready for immediate use
    On‑site lot accommodates 50 to 75 vehicles for auto sales, contractor, or fleet operations
    Lease options available starting at $4,000/month and owner financing possibilities
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    This listing looks promising.

    Here's a quick look at some key insights for

    550 Prairie Avenue, Providence, RI, RI 02905

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $500K
      Suggested

    • Last Sold

      Sep 2013
      $38K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1950
    View Property Analytics
    Providence Commercial Building For Sale
    Updated: May 4
    Providence Commercial Building For Sale

    461 Douglas Avenue, Providence, RI 02908

    $575,000
    0.09 AC lot
    Wide open space suitable for many uses, including residential conversion.
    Special use permit allows for a variety of neighborhood commercial establishments.
    Solid masonry building with 14' overhead door and high ceilings.
    Convenient location near PC and minutes to I‑95.
    Roof is 10 years young.
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Providence, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Contractor Garage Condominium
    Contractor Garage Condominium

    169 Norwich Road, Plainfield, CT 06374

    $309,000
    2,400 sqft 5.00 AC lot

    Condo garage units with two 14-foot overhead doors, a bathroom, and 200-amp three-phase power.

    View details
    Modern Business and Storage Complex
    Modern Business and Storage Complex

    300 Coddington Highway #205, Middletown, RI 02842

    $399,900
    1,200 sqft 3.86 AC lot

    Modern business and storage complex in Middletown, RI for sale.

    View details
    Modern Business and Storage Complex
    Modern Business and Storage Complex

    300 Coddington Highway #211, Middletown, RI 02842

    $399,900
    1,200 sqft 3.86 AC lot

    Modern business and storage complex in Middletown, RI for sale.

    View details
    Commercial Opportunity in Plainfield
    Commercial Opportunity in Plainfield

    35 Norwich Road, Plainfield, CT 06374

    $520,000
    2,625 sqft 1.94 AC lot

    Commercial property with showroom, office, service area, and parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Garage Parking on K Street
    Garage Parking on K Street

    400-R K, Boston, MA 02127

    $150,000
    183 sqft

    Rare garage parking available in Boston's K Street area.

    View details
    Garage Parking Space
    Garage Parking Space

    400-R K, Boston, MA 02127

    $150,000
    183 sqft

    Single-car garage parking space with 9-by-20 dimensions and established rental history.

    View details
    Versatile Lot Near Downtown
    Versatile Lot Near Downtown

    124 Rockwell Street, Winchester, CT 06098

    Contact for pricing
    0.44 AC lot

    Prime 0.44-acre lot near downtown with city utilities available.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    576 Holmes Road, Holmes, NY 12531

    $300,000
    4.36 AC lot

    Two commercial parcels totaling 4.361 acres with high visibility.

    View details

    Off-Market Properties in Providence, RI

    Consider similar Off-Market properties in Providence, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Staniford St, Unit 305
    PARKING GARAGE, PARKING STRUCTURE

    1 Staniford St, Providence, RI 02905

    Unit 305
    Value Estimation by Request
    View details
    1000 Providence Plps512
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps512, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    1 Staniford St, Unit 304
    PARKING GARAGE, PARKING STRUCTURE

    1 Staniford St, Providence, RI 02905

    Unit 304
    Value Estimation by Request
    View details
    114 Angell St, Unit G2
    RESIDENTIAL PARKING GARAGE

    114 Angell St, Providence, RI 02906-5326

    Unit G2
    Value Estimation by Request
    View details
    1000 Providence Plps507
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps507, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    1000 Providence Plps496
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps496, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    1 Staniford St, Unit 202
    PARKING GARAGE, PARKING STRUCTURE

    1 Staniford St, Providence, RI 02905

    Unit 202
    Value Estimation by Request
    View details
    1000 Providence Plps566
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps566, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    304 Pearl St, Unit PW1
    PARKING GARAGE, PARKING STRUCTURE

    304 Pearl St, Providence, RI 02907-2215

    Unit PW1
    Value Estimation by Request
    View details
    304 Pearl St, Unit PW4
    PARKING GARAGE, PARKING STRUCTURE

    304 Pearl St, Providence, RI 02907-2215

    Unit PW4
    Value Estimation by Request
    View details
    1000 Providence Plps487
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps487, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    1000 Providence Plps568
    RESIDENTIAL PARKING GARAGE

    1000 Providence Plps568, Providence, RI 02903-1761

    Value Estimation by Request
    View details
    429 Main St, Unit 40G
    RESIDENTIAL PARKING GARAGE

    429 Main St, Providence, RI 02904

    Unit 40G
    Value Estimation by Request
    View details
    304 Pearl St, Unit PW3
    PARKING GARAGE, PARKING STRUCTURE

    304 Pearl St, Providence, RI 02907-2215

    Unit PW3
    Value Estimation by Request
    View details
    304 Pearl St, Unit PW5
    PARKING GARAGE, PARKING STRUCTURE

    304 Pearl St, Providence, RI 02907-2215

    Unit PW5
    Value Estimation by Request
    View details
    429 Main St, Unit 401
    RESIDENTIAL PARKING GARAGE

    429 Main St, Providence, RI 02904

    Unit 401
    Value Estimation by Request
    View details
    429 Main St, Unit 402
    RESIDENTIAL PARKING GARAGE

    429 Main St, Providence, RI 02904

    Unit 402
    Value Estimation by Request
    View details
    304 Pearl St, Unit PW2
    PARKING GARAGE, PARKING STRUCTURE

    304 Pearl St, Providence, RI 02907-2215

    Unit PW2
    Value Estimation by Request
    View details
    349 Orms St, Unit P8
    RESIDENTIAL PARKING GARAGE

    349 Orms St, Providence, RI 02908

    Unit P8
    Value Estimation by Request
    View details
    349 Orms St, Unit P13
    RESIDENTIAL PARKING GARAGE

    349 Orms St, Providence, RI 02908

    Unit P13
    Value Estimation by Request
    View details
    73 Holden St, Unit P1A
    RESIDENTIAL PARKING GARAGE

    73 Holden St, Providence, RI 02908-5728

    Unit P1A
    Value Estimation by Request
    View details
    1 Staniford St, Unit 303
    PARKING GARAGE, PARKING STRUCTURE

    1 Staniford St, Providence, RI 02905

    Unit 303
    Value Estimation by Request
    View details

    Providence, RI Parking Lots & Garages Market Trends and Statistics

    Explore 72 parking lots & garages for sale in Providence, RI on our real estate platform. These investment opportunities span a total of 2,350 square feet of properties for sale, with an estimated market value of $899,000.

    Sale prices for parking garages in Providence, RI start at $899,000, averaging $899,000, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential income properties 188
    Multifamily properties 185
    Retail properties & Spaces 101
    Office Spaces 88
    Duplexes 74

    Demographics Overview

    Population 287K
    Population Growth (5Y) +3.2%
    Median Household Income $72,431
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Providence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02908 $575K
    02906 $819K
    02905 $899K
    02909 $1.3M
    02903 $6.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.73%
    Property Tax per SF $21.00 per SF
    Tax Rate vs County Average 0.82 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Providence fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Providence, RI

    • 02908
    • 02905

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