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Property profile & analytics
OFF-MARKET
Commercial real estate

98 Butler Ave Providence, RI 02906

Built 1907
Property ID
US76-0405462
Property summary
AI-generated overview

This exceptional 6,120 square foot commercial property at 98 Butler Avenue in Providence, Rhode Island, presents a unique investment opportunity. The property features a charming 1907 Victorian cottage situated on a corner lot at the intersection of Pitman and Butler Avenues. Its convenient location offers high visibility, being directly across the street from both East Side Market and a Walgreens, ensuring significant foot traffic and exposure. Currently utilized as a single-family residence, the property's C-2 zoning allows for a diverse range of commercial uses, making it ideal for redevelopment or adaptive reuse. The single-building property sits on a substantial lot, providing ample space for various commercial ventures. With an asking price of $849,000, this property offers significant potential for investors seeking a prime location in a thriving Rhode Island market. The 02906 zip code ensures easy access to major transportation routes and amenities. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a desirable area of Providence. The existing structure provides a solid foundation for a variety of commercial uses, offering flexibility and adaptability to suit a range of business needs. Don't miss this opportunity to own a piece of Providence's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1907
UPID US76-0405462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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