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Financial
Distress signals
Property profile

29 Elmwood Ave Elmwood Ave Providence, RI 02907

OFF-MARKET
Retail properties & Spaces
Built 1960
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property at 29 Elmwood Avenue in Providence, Rhode Island, presents a lucrative investment opportunity. The property consists of a single building on a 5,781 square foot lot, built in 1960. Currently leased to a strong tenant with a remaining lease term of four years, plus two five-year renewal options featuring annual rent increases, this investment offers significant stability and predictable income. The property boasts a compelling cap rate exceeding 8%. While…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service9.8
Dry Cleaner9.0
Locksmith9.0

Location

29 Elmwood Ave Elmwood Ave Providence, RI 02907
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
56 Plenty, Providence, RI 02907 $220,000 Feb 2026 No data
655 Broad, Providence, RI 02907-1444 $200,000 Feb 2026 1,830 SF
583 Elmwood, Providence, RI 02907-1812 $450,000 Jan 2026 1,312 SF
704 Public, Providence, RI 02907 $358,500 Sep 2025 No data
9 Plenty, Providence, RI 02907-1418 $1,200,000 Jun 2025 7,120 SF
702 Public, Providence, RI 02907-1625 $358,500 Jun 2025 1,124 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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