Price Reduced 18.87%


Price History

$5,299,000
1/9/2025

$4,299,000
1/17/2025


1998 Mineral Spring Avenue, North Providence, RI, 02904

1998 Mineral Spring Avenue, North Providence, RI, 02904

2020

Prime Investment Opportunity in North Providence, RI Introducing a 12,000 sq. ft. retail strip center located in the heart of North Providence on a bustling main thoroughfare. This modern property, divided into seven fully rented storefronts, offers a solid, turnkey investment opportunity. High Traffic Location: Strategically positioned on a busy arterial road, ensuring maximum visibility and customer access. Contemporary Design: Constructed just a few years ago, this well-maintained property boasts modern architecture and amenities. Spacious Lot: Situated on 1.35 acres, providing ample parking and space for potential enhancements. Fully Leased: A stable income stream with all seven units currently occupied. Versatile Opportunity: Perfect for investors seeking passive income or an owner-occupant looking to establish their own business while collecting rental income. This property offers incredible potential in one of Rhode Island's most sought-after retail locations. Don't miss your chance to own a thriving piece of North Providence real estate! Contact us today for more details or to schedule a private tour.


Status:

Active

Type:

Commercial

Furnished Remarks:

Unfurnished

Units:

1

Zoning:

CV

Heating:

Forced Air, Gas

Cooling:

Central Air

Basement:

None

Parking:

70-car

Est. Taxes:

$28,444

Assessment

$1,218,200

Permitted Use

Commercial,Investment,Office

Construction

Frame

Utilities

Natural Gas Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected

Lot Description:

Corner Lot

Amenities:

Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), High Traffic Location, Street Lights

Days on Market:

8

MLS #:

1375890


Community Info

School Info

Walk Score

Mass Transit

Yelp


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