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    Property profile

    1942 Smith St North Providence, RI 02911

    OFF-MARKET
    Other investment properties
    Property ID
    US76-0017716
    2,372 SF 0.1 ac lot Built 1898
    Entity Owned 4-yr Hold ~ Est. High Equity
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    Property summary

    AI-generated overview

    The property is a renovated restaurant space located in North Providence, Rhode Island, with approximately 800 square feet of interior area on a lot measuring about 0.103 acres. The layout includes a commercial kitchen, a hostess area, a dining room, and a full-service bar, configured to support both front-of-house and back-of-house operations. The space is arranged to accommodate dine-in service as well as takeout or hybrid service formats and is suitable for restaurant use and related concepts such as retail and bars.

    Property profile

    Verified
    Property type Other investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1898
    Construction FRAME
    Total area 2,372 SF
    Lot 0.1 ac (4,500 SF)
    Zoning code CV
    APN NPRO M:15 L:273
    UPID US76-0017716

    Cap rate & NOI

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

    Location

    1942 Smith St North Providence, RI 02911-1734
    North Providence metro Census 12102 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $470k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $400k

    Owner & transaction history

    since 2021
    Last sale
    $320,000
    7 recorded transactions
    2023
    Price N/A
    2022
    Price N/A
    2021
    Price N/A
    2021
    $320,000
    2017
    Price N/A
    2001
    Price N/A
    1999
    $75,000

    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

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $335,000
      2,604 SF
      1866 Smith St
      OFFICE/RESIDENTIAL (MIXED USE)
      1866 Smith St, North Providence, RI 02911-1906
      View Details
    • Value Estimation
      $840,000
      5,760 SF
      2051 Smith St, Unit 2057
      OFFICE/RESIDENTIAL (MIXED USE)
      2051 Smith St, North Providence, RI 02911-1738
      View Details
    • Value Estimation
      $365,000
      4,244 SF
      256 Woonasquatucket Ave
      OFFICE/RESIDENTIAL (MIXED USE)
      256 Woonasquatucket Ave, North Providence, RI 02911-2731
      View Details
    • Value Estimation
      $400,000
      3,235 SF
      43 High Service Ave
      OFFICE/RESIDENTIAL (MIXED USE)
      43 High Service Ave, North Providence, RI 02911-3410
      View Details
    • Value Estimation
      $655,000
      5,000 SF
      2167 Mineral Spg Ave
      OFFICE/RESIDENTIAL (MIXED USE)
      2167 Mineral Spg Ave, North Providence, RI 02911-1784
      View Details
    • Value Estimation
      $285,000
      1,674 SF
      1588 Smith St
      OFFICE/RESIDENTIAL (MIXED USE)
      1588 Smith St, North Providence, RI 02911-2941
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      8,000 SF
      Retail Space Expansion Opportunity
      Retail space with expansion potential for apartments or offices.
      2026 Smith ST Smith Street, North Providence, RI 02911
      View Details
    • New
      Contact for pricing
      4,696 SF
      Versatile Mixed-Use Property Available
      4696 SF open space with development potential.
      339 WOONASQUATUCKET Avenue, North Providence, RI 02911
      View Details
    • New
      $449,900
      2,100 SF
      Mixed-Use Two-Family Property
      Flexible first-floor layout supports salon, retail, office, or residential use alongside a two-bedroom apartment.
      1854 Smith Street, North Providence, RI 02911
      View Details
    • New
      $1,490,000
      0.40 Acres
      Mixed-Use Property with Multiple Units
      Versatile commercial and residential layout with dedicated suites, apartments, on-site parking, and central air conditioning.
      15 Thomas Street, North Providence, RI 02911
      View Details
    • $1,490,000
      Turnkey Mixed-Use Property
      Mixed-use property with multiple income streams in North Providence.
      15 Thomas St, North Providence, RI 02911
      View Details
    • New
      $729,900
      2,700 SF
      Triplex with Detached Garage
      Fully occupied three-family property with hardwood flooring, basement space, and natural-gas baseboard heat.
      61 Emanuel Street, North Providence, RI 02911
      View Details

    Similar Nearby for Lease

    • New
      $400/Mo
      500 sqft
      Private Office Suite with Utilities
      Private office suite with AC and heat included, while electricity is separately metered under a 12-month lease.
      1845 Smith #5, North Providence, RI 02911
      View Details
    • New
      $1,100/Mo
      750 sqft
      Multi-Room Office Suite
      Office suite with multiple rooms, entries, and exits, plus heat and A/C included.
      1845 Smith #4, North Providence, RI 02911
      View Details
    • New
      $700/Mo
      204 sqft
      Private Office Units with Shared Amenities
      Professional office units include utilities, internet, reception services, meeting rooms, and a kitchenette within an ADA-compliant building.
      1515 Smith Street, North Providence, RI 02911
      View Details
    • $1,000/Mo per office
      984 sqft
      North Providence Private Office Space
      Move-in ready office space with utilities included near Providence.
      1515 Smith Street #J, North Providence, RI 02911
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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