88 Niantic Ave Providence, RI 02907-3116
Property summary
This exceptional 23,868-square-foot industrial property, located at 88 Niantic Avenue in Providence, Rhode Island, presents a compelling investment opportunity. Situated on a fenced 2.17-acre corner lot within the Huntington Industrial Park, this building offers a versatile layout ideal for distribution, flex, or warehouse operations. The property features approximately 5,700 square feet of office/retail/showroom space, complemented by 18,168 square feet of storage/manufacturing space with 10'-11' clear ceiling heights. Loading capabilities are robust, including seven loading docks on a platform (with expansion potential) and one grade-level door opening to an interior loading dock. Exterior amenities include ample parking and outdoor storage areas. The building is fully sprinklered and boasts a new rubber roof. The property is zoned M-1 (Light Industrial) and has an annual tax assessment of $31,649.67. This well-maintained facility offers significant potential for a variety of businesses seeking a strategic location in Providence, RI. The combination of ample space, convenient loading, and desirable location makes this an attractive investment prospect.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
Value estimations
Owner & transaction history
Zoning & alternative use
The M-1 Light Industrial District is intended for light industrial and office park uses that accommodate a variety of manufacturing, assembly, storage of durable goods, and related activities provided that they do not po…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Providence, RIThe M-1 Light Industrial District is intended for light industrial and office park uses that accommodate a variety of manufacturing, assembly, storage of durable goods, and related activities provided that they do not po…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for M-1 in Providence, RI.
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