665 Plainfield Street Providence

$649,900
7,245 sq ft

The Property

Attention developers and investors! Incredible development opportunity in Providence with plans in hand for a mixed-use project

consisting of 8 residential apartments and 3 commercial units, for a total of 11 units. An existing repair shop is currently situated

on the property. This is a rare chance to acquire a strategically located parcel with significant upside potential in one of

Providence’s active commercial corridors. Whether you’re looking to develop immediately or add to your investment portfolio, the

possibilities are outstanding.

Conveniently located along the highly traveled Plainfield Street corridor near the Silver Lake and

Olneyville neighborhoods. Minutes to Downtown Providence, major hospitals, universities, shopping, dining, and public

transportation. Easy access to Route 6, Route 10, I-95, and I-195 provides convenient connectivity throughout Rhode Island and

into Massachusetts. Don’t miss this exceptional opportunity to bring your vision to life in a prime Providence location.

Read more

Listing Details

MLS Number

1414891

Lot Size:

0.17 acres

Features

  • Downtown

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today79-90% decrease in inventory
    New on Market *2033.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$191.17$12 increase in List Price/Sq.Ft.
    Avg. Sale Price *$260,000$38,750 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *86.96%-1.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$286.98$209 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *24494 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 Century 21 Limitless

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