875 Westminster St Providence, RI 02903
- Warehouses
Current Use by Public Records
- Reliable Jewelry & Loan / Jewelry Buyer / Loan Agency
Property Details for 875 Westminster St
- Year built
- 1910
- Property type
- Warehouses
- Property subtype
- Amusement parks
Description
This exceptional commercial property at 875 Westminster Street in Providence, Rhode Island, presents a remarkable investment opportunity. Boasting 19,625 square feet on a three-story building constructed in 1910, this versatile property is currently configured as a multi-use retail space (pawn, furniture, and jewelry shop). Its prime location in a high-traffic area ensures excellent customer visibility. The building features an elevator for convenient access to all three floors, a comprehensive security alarm system, and a truck loading door for efficient logistics. Ample parking is available with approximately 18 off-street spaces. The property's long-standing business history and diverse zoning potential make it ideal for a variety of uses, from retail to office space. This is a unique chance to acquire a well-established commercial property in a thriving downtown Providence location, offering limitless potential for an owner-occupant or investor seeking a high-return investment. The asking price is $2,225,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4226
- Latitude
- 41.8177
