Property profile

36 Oxford St Providence, RI 02905

FOR SALE
Industrial properties
Property ID
US76-0047546
1,780 SF 0.07 ac lot Built 1940
Entity Owned 28-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,000 square foot commercial property, located at 36 Oxford Street in Providence, Rhode Island, presents a unique investment opportunity. The single-story, Class B building, constructed in 1940, sits on a 3,138 square foot lot and boasts a versatile layout suitable for office and industrial uses. Currently operating at 1% occupancy, this property offers significant potential for growth. The building features a mix of 9-12 foot and 12-15 foot ceiling heights, providing ample space for various needs. Conveniently situated, it offers immediate access to I-95 and is minutes from downtown Providence, Warwick, and Cranston. The property includes a large garage and street-level loading area, along with six parking spaces. Zoned M2, this turnkey property is ready for immediate occupancy. The sale is for real estate only; the existing business is not included. This is a single-tenancy gross lease property. The property's address is 36 Oxford Street, Providence, RI 02905.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,780 SF
Lot 0.07 ac (3,138 SF)
Zoning code M-2
APN PROV M:47 L:662
UPID US76-0047546

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

36 Oxford St Providence, RI 02905
Providence metro Census 600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 1998
1 recorded transaction
1998
$45,000

Zoning & alternative use

M-2 · Providence, RI
Zoning description

The M-2 General Industrial District is intended to provide areas for moderate and heavy intensity industrial uses, especially for those uses that are potentially hazardous, noxious, or incompatible with the uses in other…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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