1358 Smith Street North Providence

$949,000
2,162 sq ft

The Property

For the first time in over 40 years, this impeccably maintained, spectacular mixed-use property is available for purchase. Built at the turn of the 20th century, this exquisite Queen Anne-style Victorian was, from 1985-2020, used as a medical office on the ground level, with several thoughtful, architectural additions added to the front and side. Today, the first floor is ideal for a large office/commercial space; or adaptive reuse allows for up to two smaller office/commercial spaces, or for several residential apartments. Upstairs, find two beautifully maintained residential units: the bright and sunny 2nd-floor apartment has an updated kitchen and bathroom, 2 spacious bedrooms, and ductless cooling; and the 3rd floor is a lovely and bright 1-bed, 1.5-bath apartment with 3 skylights and a spectacular view of the City of Providence.

The parking lot provides 21 off-street spaces and includes a heated cement ramp; and the handsome 2-story carriage house can potentially be redeveloped as an ADU. Smart exterior updates, including a younger roof, Hardie Board siding, blown-in insulation, and many replacement windows (covered with storm windows) make for a more energy-efficient, low-maintenance package. Smith Street is a main corridor with access to highways, a bus route, and amenities, and is approximately 3 miles to the commuter rail and Downtown Providence and just over 1 mile to two nearby colleges.

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Listing Details

MLS Number

1411984

Lot Size:

0.34 acres

Features

  • Basement: Partial
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Heating: Forced Water, Individual Control
  • Heating Fuel: Forced Water, Individual Control
  • Laundry
  • Corner
  • Local Historic District
  • Free Standing
  • Historic
  • Urban
  • Year Built: 1900

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Market Trends for Commercial Properties
in North Providence

  • Overview
    Homes for Sale Today17-92.2% decrease in inventory
    New on Market *1-80% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$438.95$319 increase in List Price/Sq.Ft.
    Avg. Sale Price *$932,500$17,500 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *83.36%-1.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$110.04$110 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *430326 increase 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.

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Listed by Residential Properties Ltd

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