$5,299,000
( $441.58Per Sq Foot )
 $28,446 est/mo Sourced by Back At You

1998 Mineral Spring Avenue , North Providence, RI 02904

North Providence, RI 02904

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Description

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.

Details

MLS#1375890
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2020
Days On Site13
Listing Provided ByRe/Max Preferred | Richard Zompa

Features

SQ Feet12,000
Units1
Building(s)1
ZoningCV
Acreage1354.00

Market Activity 02904

The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyProvidence
CityNorth Providence
Zip Code02904
AreaProvidence
Listing VS Median (in 02904)
Price:
$5,299,000
low | high
Med:
$362,450
100% of Average
SqFt:
12,000
low | high
Med:
970
100% of Average
$ / SqFt:
$442
low | high
Med:
$374
65.228395688107% of Average
On Site:
13
low | high
Med:
100.000000
13% of Average
Sourced by Back At You
Listing Updated: January 9, 2025 at 3:23:37 PM PST