7 Dike Street Providence

$615,000
8,894 sq ft

The Property

Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000sqft) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units and qualifies for state tax credits. Phase I and Phase II environmental completed.

Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area. See link for building plans.

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Listing Details

MLS Number

1383433

Lot Size:

0.20 acres

Features

  • Rural
  • Year Built: 1940

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Listed by Century 21 Limitless

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