Property profile

959 Mineral Spg Ave 1 North Providence, RI 02904

OFF-MARKET
Office Spaces
Property ID
US76-0146164
959 SF Built 1980
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 959-square-foot office space, located at 959 Mineral Spring Avenue, Unit 1, North Providence, RI 02904, is available immediately. Situated in a single-story, 1980-built building on a 15,087-square-foot lot, this property offers a versatile layout ideal for various professional uses, including traditional office, medical office, or executive office settings. The suite boasts three private offices, a welcoming reception area, and a spacious conference room complete with attractive built-in shelving. Additional amenities include a convenient half bath and kitchenette. Ample off-street parking is available for clients and staff. The property is conveniently located just half a mile from Route 146, ensuring easy access and high visibility. The lease term is a minimum of one year, with the tenant responsible for heat and electricity. This is a fantastic opportunity to secure a well-appointed office space in a desirable North Providence location. The property is part of a single-building complex.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 959 SF
Zoning code RG
APN NPRO M:2 L:150-1-1
UPID US76-0146164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

959 Mineral Spg Ave, Unit 1 North Providence, RI 02904-4934
North Providence metro Census 11800 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
Last sale
$120,000
2 recorded transactions
2024
$120,000
2021
$100,000

Zoning & alternative use

RG · North Providence, RI
Zoning description

buildings on one lot, except in RG zones where there may be more than one main residential building and more than two accessory buildings on a lot. 210. Accessory dwelling units A. One accessory dwelling unit shall be pe…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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