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$ 650,000
Est. payment | /mo
8,894 Sqft Lot
$ 650,000
Est. payment | /mo
8,894 Sqft Lot
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
Virtual Tour https://tour.RiLiving.com/7-Dike-Street-Providence-RI-02909
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Listed by Century 21 The Seyboth Team
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Renee Moussally
REALTOR® | Lic# RES.0042756