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Property profile & analytics
OFF-MARKET
Office Spaces

75 Plain St Providence, RI 02903

9,135 SF
Property ID
Property summary
AI-generated overview

This exceptional 9,135 square foot Class B office building at 75 Plain Street in Providence, Rhode Island, presents a compelling investment opportunity. Situated on the campus of Rhode Island's largest healthcare organization, this two-story building offers immediate income potential from existing leased medical office space, along with significant upside potential in the vacant upper floor. The property boasts convenient on-site parking, a highly desirable feature in this busy urban location. Its R-3 zoning allows for diverse development options, including the possibility of converting the upper floor back into clinical patient rooms or constructing a new multi-story building. The property's prime location offers easy access to major highways and downtown Providence. The ample land surrounding the building provides further development opportunities, making this a truly unique investment prospect. The building's address is 75 Plain Street, Providence, RI 02903, with APN 23-603. This property is a single building with a total of 9,135 square feet. The asking price is $3,450,000.

Property profile
Verified
Property type Office Spaces
Total area 9,135 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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