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Property profile & analytics

489 Elmwood Ave Providence, RI 02907-1791

  • Investment properties
  • 3,953 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0006576
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.

Current Use by Public Records

  • A to Z Wholesale Perfumes / Wholesaler / Perfume Store
  • CrispHeli / Photography Service
  • Bombillo Max.com (Bombillos Recargables) (Rechargeable Light Bulbs) / Light Bulb Supplier
  • Elmwood Fashion & Services / Clothing Store
  • Ria Money Transfer - Elmwood Fashion & Services Inc / Money Transfer Service

Property Details for 489 Elmwood Ave

Year built
1900
Construction
FRAME
Lot size
0.11 lot acres
Property size
3,953 SF
Zone code
C-1
Property type
Investment properties
Property subtype
Live-work space
APN
PROV M:49 L:389
APU
PROVM49L389

Description

Exceptional opportunity to acquire a 4,804 sq ft commercial lot at 489 Elmwood Avenue in Providence, RI, 02907. Built in 1900, this property features one building and is zoned for retail use. The asking price is $70,000. Included in the sale are existing fixtures such as racks and display units, essential equipment (fax, phone, register, camera system), and inventory at the time of purchase. A designated parking space in a secure gated area is also provided. Optional dumpster access is available for a fee. Supplier information and a side office are included. Currently operating as a clothing store with a diverse inventory (men's, women's, children's apparel and travel merchandise), this versatile property offers numerous business possibilities. A three-year lease is required post-purchase to ensure a smooth transition. This presents a unique chance to own a well-established business in a vibrant, historic neighborhood. The property's central location and existing infrastructure make it an ideal investment for a variety of commercial ventures. This is a rare opportunity to acquire a turnkey business with significant potential for growth and profitability in a desirable Providence location.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4267
Latitude
41.7988
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
$0.00
$84,500
$163,700
$248,200
-
$0.00
$0.00
$0.00
More about this property
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