76 Providence Street Woonsocket

$599,999
24,829 sq ft

The Property

Approved 4-Unit Luxury Condominium Conversion. Fully Gutted & Ready for Construction. An exceptional redevelopment opportunity awaits at 76 Providence Street, offering developers and investors the chance to transform this impressive masonry building into four spacious, loft-inspired luxury condominiums. Positioned just minutes from the Massachusetts border in one of Northern Rhode Island’s strongest emerging residential markets, this is a rare opportunity to acquire a substantial structure where much of the difficult work has already been completed.

The building has been completely demolished to the structural framing, providing a clean slate for construction while preserving the integrity and character of this solidly built structure. Even more importantly, the property comes with approvals for conversion into four oversized residential condominium units, dramatically reducing the time and uncertainty associated with entitlement and redevelopment. Building offers approximately 4,240 square feet of finished area and over 7,500 square feet of gross building area. This offering includes the building only. The adjacent paved parking area is not included in the sale and is excluded from the conveyance. Buyers are encouraged to review site plans and verify all property boundaries during their due diligence. Bring your architect, your builder, and your vision—and transform this remarkable building into one of Northern Rhode Island’s premier residential addresses.

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Listing Details

MLS Number

1417510

Lot Size:

0.57 acres

Features

  • Urban
  • Year Built: 1955

Market Trends for Commercial/Business,Commercial Sale
in Woonsocket

  • Overview
    Homes for Sale Today3268.4% increase in inventory
    New on Market *1455.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$158.70$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$770,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$145 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *65 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 Century 21 Limitless
Phone: 508-567-3468

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