512 Prairie Ave Providence, RI 02905

Property Details for 512 Prairie Ave

Year built

1920

Construction

FRAME

Lot size

0.10 lot acres

Property size

2,122 SF

Zone code

R-3

Property type

Investment properties

Property subtype

Live-work space

APN

PROV M:54 L:79

APU

PROVM54L79

Description

This exceptional commercial property, situated at 512 Prairie Avenue in Providence, Rhode Island, presents a unique investment opportunity. Located on a bustling street in the heart of South Providence, this general commercial space boasts over 1,000 square feet of leasable area. The property sits on a 0.1-acre lot and is ideally positioned within a thriving neighborhood, surrounded by residential properties. The existing equipment within the space can be utilized by a new owner or replaced to suit individual business needs. This prime location offers significant potential for a variety of businesses, particularly those catering to the residential community. The ongoing construction of a 12-unit residential building directly across the street further enhances the property's long-term prospects, ensuring a growing customer base. The asking price for this promising commercial space is $59,900. This presents a compelling opportunity for entrepreneurs seeking a well-located, established space in a rapidly developing area of Providence. The property's convenient location and existing infrastructure make it an attractive option for a range of commercial ventures, including but not limited to convenience stores and restaurants. Serious inquiries are encouraged to explore this exciting opportunity further.

Location Insight

City

Providence

County

Providence

State

Rhode Island

Longitude

-71.4123

Latitude

41.8002

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments