Property profile

735 ALLENS AVE Providence, RI 02905

OFF-MARKET
Commercial land
Property ID
US76-Q001581
3.09 ac lot Built 1947
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Property summary

AI-generated overview

The property comprises 3.09 acres and occupies a full city block with frontage on Allens, Virginia, Chapman, and Toronto Avenues. The site has design potential for substantial subdivision. It includes multiple buildings originally associated with Armbrust International (established in 1929), with major construction dated to 1947 and a remodeling phase in 1968; the buildings were developed in a mid-century style and include infrastructure improvements and expanded capacity. Total building area exceeds 100,000 square feet, and the facilities feature major system updates such as heating, HVAC, and roof. The layout is flexible and can accommodate a range of uses, including residential (apartments), life sciences, manufacturing, industrial, office/medical, education, or mixed-use redevelopment. The property is located within a designated Opportunity Zone.

Property profile

Verified
Property type Commercial land
Year built 1947
Lot 3.09 ac (134,600 SF)
UPID US76-Q001581

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
  • Industrial Manufacturer Production Facility
  • Metal Fabrication Plant Industrial Manufacturer
  • General Contractor Construction Company

Location

735 ALLENS AVE Providence, RI 02905
Providence metro
Google Maps

Value estimations

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Owner & transaction history

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