$1,100,000
About this home
Incredible investment opportunity in Providence, Rhode Island with preliminary approval in place for the development of 25 residential units. This property offers a rare chance for investors and developers to move forward with a project that already has key groundwork completed, saving valuable time and effort. Positioned in a prime and highly desirable location, this site is ideal for a multi-unit residential project with strong upside potential. Located just minutes from Downtown Providence, offering access to renowned restaurants, nightlife, arts, and entertainment. Nearby Federal Hill provides some of the area’s best dining and local charm. Convenient access to Interstate 95, Route 6, and Route 10 ensures easy commuting. Close to Brown University, Johnson & Wales University, and Rhode Island Hospital.
Property details
- MLS #
- 1406731
- Property type
- Commercial,Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 95
- On market date
- April 24, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 5,227 sqft
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 553
- Student:teacher ratio
- 12.9:1
- District
- Providence
- Enrollment
- 108
- Student:teacher ratio
- 10.8:1
- District
- Urban Collaborative
- Enrollment
- 1,103
- Student:teacher ratio
- 17.0:1
- District
- Providence
Walkability
Blended score for Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 24, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.