7 Dike ST Active

Providence,RI 02909

$ 650000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1383433

HOA Y/N No

Year Built 1940

Annual Tax Amount $17,059

Tax Year 2024

Lot Size 8,894 Sqft

Property Sub-Type Commercial

Property 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.

Location

State RI

County Providence

Exterior

Utilities Available Sewer Connected

Building

Sewer Connected

Structure Type Masonry

New Construction No

Others

Tax ID 7DIKESTPROV

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