235 Pln St Pln St Providence, RI 02905
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.