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Property profile & analytics
OFF-MARKET
Office Spaces

14 Imperial Pl Providence, RI 02903

Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1900
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
Current use
Occupant on record · Public records
  • Cheryl L Shaw Law Firm
  • Mary Claire Dilks, DAC Medical Clinic Alternative Medicine Practice
  • Sullivan & Co Employment Agency
  • Get Wholeness Coaching Life Coach
  • Hannah Street Consulting Business Management Consultant
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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