982 Mineral Spring Ave 2,000 SF Vacant Office Building North Providence, RI 02904 £557,604 (£278.80/SF)



INVESTMENT HIGHLIGHTS
- unique investment opportunity in the heart of North Providence, Rhode Island! This well-maintained commercial building has potential for conversion
- property features a total of 4 to 5 bedrooms, with two and a half bathrooms, as well as a spacious kitchen
- updated plumbing. Finished basement offers both interior and exterior access, along with a dedicated laundry area 2 car garage
- into a single-family or two-family residence. Property is on a 10,000 Sqft lot, allowing for further development possibilities
- heating and cooling systems include forced hot air and central AC for year-round comfort, complemented by a 200 amps electrical service
- exterior boasts a deck that wraps around the property, along with a paved driveway and sleek vinyl siding 10 car parking
EXECUTIVE SUMMARY
Discover a unique investment opportunity in the heart of North Providence, Rhode Island! This well-maintained commercial building presents the potential for conversion into a single-family or two-family residence. Property is on a 10,000 Sqft lot, allowing for further development possibilities—agents are encouraged to conduct their own due diligence. The property features a total of 4 to 5 bedrooms, with two and a half bathrooms, as well as a spacious kitchen located on the second floor. Inside, you’ll find beautiful hardwood floors and excellent natural lighting throughout. The heating and cooling systems include forced hot air and central AC for year-round comfort, complemented by a 200 amps electrical service and updated plumbing. Finished basement offers both interior and exterior access, along with a dedicated laundry area. The exterior boasts a deck that wraps around the property, along with a paved driveway and sleek vinyl siding. Parking is ample, with space for up to 10 cars and a 2-car garage. Additional features fully paid-off solar panels for energy efficiency, a recently updated roof (only 2 years old), and double-pane windows in excellent condition. Located in a prime area with easy access to highways, restaurants, schools, and entertainment, this property combines comfort and convenience. Don’t miss out on this exceptional opportunity in a thriving community! Schedule your showing today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Building Size
2,000 SF
Building Class
C
Year Built
1920
Price
£557,604
Price Per SF
£278.80
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,000 SF
Building FAR
0.20
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
RG - RG-Residential General
Parking
10 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
1 of 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
Parcel Number | NPRO-000002-000000-000166 | Improvements Assessment | £219,944 |
Land Assessment | £83,253 | Total Assessment | £303,197 |