11 Peck St Providence, RI 02903
- Showrooms
- 3,680 SF
- 0.04 lot acres
Current Use by Public Records
- Showrooms
Property Details for 11 Peck St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.04 lot acres
- Property size
- 3,680 SF
- Zone code
- D-1-15
- Property type
- 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
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $436,000
Market price range: $169k - $523k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.41
- Latitude
- 41.8233
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA