614 Plainfield Street Providence

$500,000
3,772 sq ft

The Property

Prime Investment Opportunity with Endless Potential!

Located in a high-visibility, high-traffic area, this exceptional multi-use commercial property offers an outstanding opportunity for investors and business owners alike. The building is currently home to a successful check-cashing business and a popular Mexican restaurant, providing immediate rental income. A third commercial unit is vacant and ready for your next tenant or business venture; it was previously occupied by a well-established law office.

The possibilities don’t stop there! The current owner had plans to transform the expansive attic into additional living space, offering even greater income potential (subject to local approvals).


Additional features include off-street parking, generous storage space, and established tenants already in place. With constant vehicle traffic, excellent visibility, and flexible commercial space, this property is perfectly positioned for long-term growth and success

Read more

Listing Details

MLS Number

1417295

Lot Size:

0.09 acres

Features

  • Restrooms
  • Bus
  • Commuter Bus
  • Hospital
  • Interstate
  • Restaurant
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Sidewalks
  • Free Standing
  • Urban
  • Year Built: 1925

See more features

Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today48182.4% increase in inventory
    New on Market *8-11.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$311.75$53 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$625,000$98,333 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.90%6.2% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$190.90$111 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5471 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams South Watuppa
Phone: 508-677-3233

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!