680 Admiral St, Providence, RI 02908-1442

This exceptional mixed-use property at 680 Admiral Street in Providence, Rhode Island, presents a unique investment opportunity. The three-story, 1910 building boasts 12,197 square feet of land and is strategically located at a busy four-way intersection near Providence College. Currently configured as a mixed-use space, the first floor is occupied by a thriving pizzeria under lease, generating immediate rental income. The upper two floors offer excellent residential rental potential, with multiple units available. The property also includes a significant 12,197 square foot lot, currently utilized as a 16-space parking area, offering substantial development potential. This lot presents opportunities for expansion, subdivision, or the creation of additional income-generating assets. The asking price for this remarkable property is $1,100,000. This is a rare chance to acquire a well-located, income-producing asset with significant upside potential in a vibrant Rhode Island community. The property's combination of established rental income and substantial development land makes it an attractive investment for both seasoned and emerging investors seeking strong returns.