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Investment Highlights

  • Minutes from the highways and seconds within walking distance of retail stores, restaurants, banks lumberyards.

Executive Summary

We've excited to announce that we have officially received our demolition and construction permits for the new building. Demolition is finishing up and we are getting ready to start the foundation work. We have started ordering the materials including the storefront windows and doors. We've have added another 200 sq. ft. to the basement making the building around 4500 now. With that we can make a new stairway to the basement from the first floor adding more office or retail space to first floor. We are open to leasing to a single tenant or three separate tenants. The floor plans are conceptual and can be customized and framed to suit your specific business requirements. This will be a completely new building, and unlike many commercial properties, there are no triple-net (NNN) lease requirements. Opportunities like this are rare. If you're thinking about relocating or expanding your business, now is the perfect time to secure space in a brand-new building designed around your needs. Please feel free to reach out with your ideas. I've added a photo of the existing locating of where the building stood, now you can see the Providence Skyline will be visible from the rear of the building.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,207 SF
Building Class
C
Year Built/Renovated
1890/2026
Price
$900,000
Price Per SF
$213.93
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CP - Brand New Medical & Wellness Building designed specifically for medical professional office and treatment rooms.
Parking
15 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
25’ on Mineral Spring Ave

Amenities

  • 24 Hour Access
  • Banking
  • Dedicated Turn Lane
  • Fenced Lot
  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Basement
  • 963 SF
  • Office/Retail
  • -
  • Now
  • 1st Floor
  • 1,569 SF
  • Office/Retail
  • -
  • Now
  • 2nd Floor
  • 1,675 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
Basement 963 SF Office/Retail - Now
1st Floor 1,569 SF Office/Retail - Now
2nd Floor 1,675 SF Office/Retail - Now

Basement

Size
963 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size
1,569 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size
1,675 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 1,569 SF
Space Use Office/Retail
Position -
Available Now

2nd Floor

Size 1,675 SF
Space Use Office/Retail
Position -
Available Now

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Stop & Shop
Citizens Bank Supermarket Branch
Bank of America
Starbucks
Five Guys
Shaw's

Property Taxes

Property Taxes

Parcel Number
NPRO-000003-000000-000110
Land Assessment
$173,100
Improvements Assessment
$208,000
Total Assessment
$381,100
  • Listing ID: 39228573

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 1232 Mineral Spring Ave, North Providence, RI 02904

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