Property profile

101 Hartford Ave Providence, RI 02909

OFF-MARKET
Warehouses
65,000 SF 2 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 65,000-square-foot industrial property, located at 101 Hartford Ave, Providence, RI 02909, presents a unique redevelopment opportunity. The three-story brick mill, built in 1900 and renovated in 1980, sits on a 2-acre lot and boasts four loading docks, a freight elevator, and a material lift. Ample parking is available with 60+ spaces. The building features a full, half-submerged basement, adding significant usable space to the two floors of manufacturing space. Its mixed-use industrial zoning allows for diverse possibilities. Conveniently located minutes from downtown Providence and with direct highway access to US-6, this property offers unparalleled access to major transportation routes, including proximity to I-295 and I-95 (less than 3 miles). The building's history includes use as a wood furniture manufacturing facility. Adjacent to Riverside Park, this site offers a blend of industrial functionality and appealing surroundings. The property is currently vacant and available for sale by owner. This is an exceptional opportunity for investors and developers seeking a substantial industrial space with significant redevelopment potential in a thriving urban location. The property's Class C designation reflects its age and potential for modernization.

Property profile

Verified
Property type Warehouses
Year built 1900
Total area 65,000 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

101 Hartford Ave Providence, RI 02909
Providence metro
Google Maps

Value estimations

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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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