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Property profile

1058 Charles St North Providence, RI 02904

FOR SALE
Commercial land
Property ID
US76-0252571
0.15 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a mixed-use building anchored by a fully built-out restaurant with a commercial kitchen, restaurant operating equipment, and a keg dispensing system, along with a retail storefront. It also contains two residential units and includes a full basement used for storage and operational purposes. The site is located at the corner of Charles Street and Mineral Spring Avenue and consists of five separate lots identified as Assessor’s Plat 2/Lot Nos. 247, 249, 250, 262, and 264; two additional lots across the street are used for parking.

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 · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$101k
Assessed land$97k
Assessed improvement$4k
Effective rate2.34%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k
NOI build-up
Gross scheduled income$137k
Vacancy & credit loss−$14k
Operating expenses−$31k
NOI · 6.34% cap applied$92k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$145/SF
ZIP average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$108 – $205

Cap rate analysis

How does the asset earn?
6.34%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CV
CV - Commercial Village Zone -. This district is established to recognize that certain areas of town are characterized by smaller commerc...
General categoryCOMMERCIAL
JurisdictionNORTH PROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.0
HVAC Service10.2
Daycare Center9.4

Location

1058 Charles St North Providence, RI 02904
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
559 Charles, Providence, RI 02904 $835,000 Aug 2024 No data
162 Vincent, Providence, RI 02904 $750,000 Jul 2024 No data
307 Hawkins, Providence, RI 02904 $123,000 Nov 2023 No data
1110 Main, Providence, RI 02904 $1,136,000 Sep 2023 No data
16 Br, Providence, RI 02904 $4,000,000 Jan 2023 No data
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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