14 Imperial Pl Providence, RI 02903

Property Details for 14 Imperial Pl

Year built

1900

Property type

Office Properties & Spaces

Property subtype

Mixed-use properties

Description

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.