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1342 Douglas Ave
North Providence, RI 02904
Retail Property For Sale
Executive Summary
Rare opportunity to acquire a 100% leased, multi-tenant retail investment property located on highly traveled Douglas Avenue in North Providence, RI. Strategically positioned just off Mineral Spring Avenue, one of the area’s primary commercial corridors, the asset benefits from strong traffic counts, dense surrounding residential neighborhoods, and excellent accessibility. This building offers strong visibility and street frontage, ample on-site parking and is also in close proximity to Route 146, I-95 & Downtown Providence.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,456 SF
Building Class
B
Year Built
1990
Price
$1,250,000
Price Per SF
$229.11
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.52 AC
Zoning
RL13 - Commercial Building
Parking
28 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
155’ on Douglas Ave
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | NPRO-000019-000000-000617 | Improvements Assessment | $389,300 |
| Land Assessment | $206,800 | Total Assessment | $596,100 |
Property Taxes
Parcel Number
NPRO-000019-000000-000617
Land Assessment
$206,800
Improvements Assessment
$389,300
Total Assessment
$596,100
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