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18 Belden St - Car Wash Owner User or Redevelopment Site 4,485 SF Specialty Building Offered at $600,000 in Providence, RI 02907
INVESTMENT HIGHLIGHTS
- Located in the Elmwood Neighborhood of Providence, a Dense Section of the City That Features More Than 400,000 Residents Within 5 Miles of the Site
- Surrounded by National and Local Retailers Including Dunkin', AutoZone, and Tire Warehouse
- Flexible Opportunity for Reopening Car Wash or Redeveloping into Modern Commercial Use
- Approximately 0.52 Acres with 4,485 Square-Foot Building and Seven Existing Self-Service Bays
- Less Than 1,000 Feet from the Offramp from I-95, the Main North-South Interstate Highway on the East Coast, Which Sees More Than 148,000 Vehicles per
EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to present the investment opportunity
located at 18 Belden Street in Providence, Rhode Island. Situated on
approximately 0.52 acres, the property is improved with a 4,485
square-foot single-story structure, historically operated as a self-service
car wash with seven service bays. Ideally located in the dense Elmwood
neighborhood, the site sits just off Elmwood Avenue and minutes from
Interstate 95. The surrounding commercial corridor features a healthy
mix of national and local retailers, including Dunkin', AutoZone, Tire
Warehouse, and numerous independent businesses, restaurants, and
grocery stores. Traffic counts along nearby Elmwood Avenue range
between 17,000 and 21,000 vehicles per day, ensuring consistent
consumer exposure for any future use. This offering presents flexibility
for both owner-users and developers, providing the option to either
reactivate the existing car wash operation or redevelop the site into a
modern commercial facility. With its strategic location, existing
infrastructure, and strong retail presence, this property represents a
compelling opportunity for investors looking to establish or expand their
presence in one of Providence's most active corridors.
Marcus & Millichap is pleased to present the investment opportunity
located at 18 Belden Street in Providence, Rhode Island. Situated on
approximately 0.52 acres, the property is improved with a 4,485
square-foot single-story structure, historically operated as a self-service
car wash with seven service bays. Ideally located in the dense Elmwood
neighborhood, the site sits just off Elmwood Avenue and minutes from
Interstate 95. The surrounding commercial corridor features a healthy
mix of national and local retailers, including Dunkin', AutoZone, Tire
Warehouse, and numerous independent businesses, restaurants, and
grocery stores. Traffic counts along nearby Elmwood Avenue range
between 17,000 and 21,000 vehicles per day, ensuring consistent
consumer exposure for any future use. This offering presents flexibility
for both owner-users and developers, providing the option to either
reactivate the existing car wash operation or redevelop the site into a
modern commercial facility. With its strategic location, existing
infrastructure, and strong retail presence, this property represents a
compelling opportunity for investors looking to establish or expand their
presence in one of Providence's most active corridors.
PROPERTY FACTS
| Price | $600,000 | Building Size | 4,485 SF |
| Price Per SF | $133.78 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1990 |
| Property Type | Specialty | Parking Ratio | 2.68/1,000 SF |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 7 |
| Building Class | B | Cross Streets | Elmwood Ave |
| Lot Size | 0.52 AC | Opportunity Zone |
Yes
|
| Zoning | C2 - Commercial | ||
| Price | $600,000 |
| Price Per SF | $133.78 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 4,485 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 2.68/1,000 SF |
| No. Drive In / Grade-Level Doors | 7 |
| Cross Streets | Elmwood Ave |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial |
AMENITIES
- Bus Line
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | PROV-600202-000000-000000 | Improvements Assessment | $228,300 |
| Land Assessment | $371,000 | Total Assessment | $599,300 |
PROPERTY TAXES
Parcel Number
PROV-600202-000000-000000
Land Assessment
$371,000
Improvements Assessment
$228,300
Total Assessment
$599,300
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18 Belden St - Car Wash Owner User or Redevelopment Site
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