11 Peck StProvidence, RI 02903

  • Other commercial real estate
  • 3,680 SF
For Sale
$879,000 View listing

Property Details for 11 Peck St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.04 AC
Property size (Sq ft)
3,680 SF
Zone code
D-1-15
Property type
Other commercial real estate
Property subtype
Showrooms
APN
PROV M:20 L:45
APU
PROVM20L45

Description

This exceptional 2,774 square foot commercial property at 11 Peck Street, Providence, RI, presents a unique investment opportunity in a highly desirable downtown location. Situated on a 0.04-acre lot within an Opportunity Zone, this building offers immediate income potential and significant long-term growth prospects. Currently configured with two ground-floor retail spaces and a recently renovated second floor featuring seven modern office suites, the property is incredibly versatile. These seven office spaces can be leased individually as co-working spaces, rented as a single large office, or adapted to suit a variety of other commercial uses. The building's strong foundation is complemented by recently updated heating, electrical systems, roof, and exterior. The existing structure is well-maintained and presents a solid base for future expansion. Furthermore, the property offers significant upside potential

11 Peck St, Providence, Rhode Island
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Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8233
Longitude
-71.41
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,516
$375,000
$238,000
$613,000
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