Property profile

1057 Mineral Spg Ave North Providence, RI 02904

OFF-MARKET
Showrooms
Property ID
US76-0189390
5,684 SF 0.46 ac lot Built 1986
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,700-square-foot retail space presents a prime opportunity in North Providence, Rhode Island. Located on a high-traffic corner lot at the intersection of Route 15 and Route 246, this single-tenant building offers unparalleled visibility and accessibility. Built in 1986, the property boasts a modern, open floor plan, ideal for a variety of uses, including retail, restaurant, medical, or professional office space. The 20,212-square-foot lot ensures ample space and parking. Its strategic location provides easy access to major highways, including Routes 146, 95, and 295, guaranteeing convenient access for customers and employees. The property benefits from its proximity to established businesses such as Walgreens and Cumberland Farms, further enhancing its visibility and attracting potential clientele. The CV zoning allows for diverse commercial applications. The property's APN is 1057MINERALSPRINGAVNPRO, located in Providence County. This is a remarkable opportunity for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes within a thriving business community. The entire 5,700 square feet is currently vacant, ready for immediate occupancy. Don't miss this chance to establish your business in a highly desirable location.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,684 SF
Lot 0.46 ac (20,199 SF)
Zoning code CV
APN NPRO M:2 L:130
UPID US76-0189390

Cap rate & NOI

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

Location

1057 Mineral Spg Ave North Providence, RI 02904-4954
North Providence metro Census 11800 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
$924k
Blend (final) Blend
$900k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2024
$1.2M
2011
Price N/A

Zoning & alternative use

CV · North Providence, RI
Zoning description

CV - Commercial Village Zone -. This district is established to recognize that certain areas of town are characterized by smaller commercial establishments that predominantly serve a particular neighborhood or segment of…

General category COMMERCIAL
Top alternative use upside
Office building $1.1M +32.0%

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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