1484 Mineral Avenue North Providence

$1,800,000
2,410 sq ft

The Property

High-performing, single-tenant NNN retail investment in a dominant Mineral Springs Avenue retail

corridor. This freestanding 2,410 SF asset sits on 0.29 acres with dedicated parking and drive-thru,

delivering strong long-term retail functionality and consistent consumer traffic. Tenant has

successfully operated at this location since 2005 with approximately seven (7) years remaining on a

triple net lease, providing secure, predictable income with minimal landlord responsibilities. Located

in a dense trade area with traffic counts exceeding 22,000 vehicles per day and strong national

retail synergy.

Offered at a 5.25% cap rate with solid in-place NOI. Fee simple ownership (land and

building). Ideal for 1031 exchange buyers and investors seeking durable cash flow, proven tenancy,

and long-term stability in a supply-constrained Rhode Island market.

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Listing Details

MLS Number

1405287

Lot Size:

0.00 acres

Features

  • Free Standing
  • Year Built: 1990

Market Trends for Commercial Properties
in North Providence

  • Overview
    Homes for Sale Today14-93.4% decrease in inventory
    New on Market *5150% increase in new listings
    Avg. Asking Price/Sq.Ft. *$1,904.04$1,791 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 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.

    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

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