Property profile

1000 Smith St Smith St Providence, RI 02908

OFF-MARKET
Amusement parks
Built 1900
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Property summary

AI-generated overview

This meticulously renovated 1900s building at 1000 Smith Street in Providence, RI, presents a unique investment opportunity. Priced at $1,100,000, this 13,387 sq ft corner lot property boasts a single building with one unit, offering versatile commercial, medical, or even residential potential. The property's recent renovations include a new roof, high-efficiency gas heating system, new windows, updated bathrooms and kitchen, refinished hardwood floors, new light fixtures, a new security system, and a newly paved parking lot accommodating 12+ cars. Interior features highlight period details such as high ceilings, beautiful woodwork, and crown molding, complemented by modern updates. The layout includes two conference rooms, three fireplaces, and numerous offices. The building is currently furnished and situated across from LaSalle Academy, near colleges, offering excellent visibility and accessibility. Its zoning allows for mixed-use development, including multi-family or single-family residential conversion, in addition to its current commercial applications. This property offers a blend of historic charm and modern functionality, making it an ideal investment for a variety of uses.

Property profile

Verified
Property type Amusement parks
Year built 1900

Cap rate & NOI

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

Location

1000 Smith St Smith St Providence, RI 02908
Providence metro
Google Maps

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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