Property profile

877 Broadway Ave East Providence, RI 02914

OFF-MARKET
Retail properties & Spaces
Built 1971
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Property summary

AI-generated overview

This exceptional commercial property, located at 877 Broadway Avenue in East Providence, Rhode Island, presents a rare investment opportunity. Situated on a 9,995 square foot lot, this 1971-built building offers a versatile layout ideal for a variety of commercial uses. The property boasts seven private offices, providing ample space for individual work or team collaboration. A large open room offers flexibility for various purposes, whether it's a retail space, a production area, or a large common area. Convenient amenities include a dedicated break room and two bathrooms. The building's location on a main road ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The property's diverse zoning allows for a wide range of commercial ventures, including office space, retail, hospitality, and even specialized services such as pharmacies, bakeries, or salons. The ample lot size also provides the potential for expansion or additional development. This is a unique opportunity to acquire a well-established commercial property in a thriving Rhode Island location. The asking price is $775,000. Don't miss out on this chance to secure a valuable asset in a prime commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1971

Cap rate & NOI

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

Location

877 Broadway Ave East Providence, RI 02914
East 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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