Technical
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Property profile

235 Pln St Pln St Providence, RI 02905

OFF-MARKET
Land
Built 1984
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Property summary

AI-generated overview

This exceptional 10,000 square foot commercial land parcel, located at 235 Plain Street in Providence, Rhode Island, presents a unique investment opportunity. The property, situated in the desirable 02905 zip code, is part of the Bayside Professional Building complex and offers significant potential for various commercial ventures. Built in 1984, the land is currently improved with a single building featuring a first-floor unit ideally suited for medical professional services. This unit includes a reception and waiting area, a private bathroom, four exam rooms, and a spacious medical records area. The Bayside Professional Building provides convenient amenities such as dedicated, free parking for clients, patients, and staff. Security personnel are on-site Monday through Friday, from 8:00 AM to 5:00 PM, ensuring a safe and secure environment. The property's prime location offers easy access to Rhode Island Hospital and Women & Infants Hospital, making it an attractive option for healthcare-related businesses. This is a rare chance to acquire a well-positioned commercial property in a thriving area of Providence. The asking price is $250,000.

Property profile

Verified
Property type Land
Year built 1984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

235 Pln St Pln St Providence, RI 02905
Providence metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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