14 Imperial Pl Providence, RI 02903
This unique 7,114 square foot mixed-use property, located at 14 Imperial Place UNIT 202 in Providence, Rhode Island's jewelry district, presents a compelling investment opportunity. Built in 1900, the single-unit building currently functions as a spacious office, boasting gorgeous exposed brick, high ceilings, and abundant natural light. The property offers off-street parking, a significant advantage in this vibrant urban location. The existing layout includes seven private offices, a conference area, a private bathroom, and a kitchenette. The substantial size (nearly 3000 square feet of interior space) allows for flexibility; the property could potentially be converted into two smaller residential units, mirroring successful conversions in other building units. Concept photos illustrate the potential for residential conversion, though buyers are advised to conduct their own due diligence should they pursue this option. The asking price for this exceptional property is $850,000. This prime location and versatile space offer a rare chance to acquire a property with significant upside potential in a thriving Rhode Island market. The property is zoned for both commercial and residential use.
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Cheryl L Shaw Law Firm
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.