7 Dike Providence, Rhode Island

Listed By CENTURY 21 The Seyboth Team
The Commercial Property for Sale located at Providence, Rhode Island is currently for sale. Providence, Rhode Island is listed for $650,000. If the property located at Providence, Rhode Island isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Providence .
Date Updated : May 7, 2025
MLS#: 1383433
$650,000 USD
Property features
Construction details
- Year built: 1940
Description
Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000sqft) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units and qualifies for state tax credits. Phase I and Phase II environmental completed. Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area. See link for building plans.