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    460 Allens Ave Providence, RI 02905-5002
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    Property profile & analytics

    460 Allens Ave, Providence, RI 02905-5002

    View on Map

    • Showrooms
    • 1,670 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Jun 13, 2024
    $650,000
    Property ID
    US76-0090776
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    3.6%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Honey Dew Donuts / Bakery / Discount Store

    Property Details for 460 Allens Ave

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Zone code
    W-3
    Property type
    Showrooms
    APN
    PROV M:55 L:432
    APU
    PROVM55L432

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 13, 2024 $650,000 Chenrican Realty LLC Bowen Investments LLC Warranty Deed $350k · Bowen Investments INC
    Jan 4, 2002 — Bowen Investments — Deed Of Trust · related $1.2M · Citizens Bank Of Ma
    Jun 13, 1997 $227,500 Bowen Investment INC Tates Realty Donuts Grant Deed $302k · Fleet National Bank

    Description

    This 1,670 square foot freestanding restaurant building, situated on a 10,976 square foot lot, presents a unique investment opportunity in Providence, RI. Built in 1970, this single-story structure boasts 17 parking spaces and a highly desirable drive-thru. Its strategic location on Allens Avenue, directly at the I-95 on-ramp and across from the off-ramp, ensures exceptional visibility and accessibility. The property benefits from its proximity to major thoroughfares connecting downtown Providence to the Sassafras Point industrial/commercial zone and densely populated neighborhoods like Washington Park, Edgewood, and South Providence. The convenient location also places it within easy reach of Rhode Island Hospital. Currently occupied by a HoneyDew franchisee with a lease expiring February 2025, the property offers considerable flexibility. The owner is open to various proposals, and lease terms are negotiable. Providence County taxes are $11.13 per square foot. This property is ideal for a large franchise or similar business seeking high traffic exposure and convenient access to a diverse customer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4002
    Latitude
    41.8009
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,589
    $266,400
    $263,200
    $529,600
    -
    $0.00
    $0.00
    $0.00
    More about this property
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