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18 Belden St 4,485 SF Specialty Building Offered at $500,000 in Providence, RI 02907
Investment Highlights
- Located in the dense Elmwood neighborhood of Providence near thriving retail corridors.
- Existing single-story building with seven self-service bays in place for operating flexibility.
- Approximately 0.52 acres, permitting redevelopment into multiple commercial concepts as market demand dictates.
- Positioned less than 1,000 feet from the exit ramp of Interstate 95, offering strong vehicular access.
- Surrounded by national retailers and neighborhood businesses, enhancing traffic flow and visibility.
Executive Summary
This property presents a unique owner-user or redevelopment opportunity in Providence’s Elmwood neighborhood. Positioned on a 0.52-acre parcel, the site includes a 4,485 square-foot single-story structure formerly operating as a self-service car wash with seven functional bays. Its flexible layout allows repurposing for automotive services, convenience retail, or a new commercial concept, depending on buyer objectives.
Located less than 1,000 feet from an I-95 offramp, the site benefits from outstanding connectivity to the region’s main transportation corridor, which sees traffic volumes exceeding 148,000 vehicles daily. The Elmwood area offers strong surrounding fundamentals with a dense residential base and a trade area exceeding 400,000 residents within five miles. Local and national brands, including Dunkin’, AutoZone, and Tire Warehouse, add synergy to the corridor and underscore its commercial activity.
The property is situated within Providence’s urban core, offering access to a robust labor pool, established neighborhoods, and a vibrant retail scene. With excellent regional access, ample market density, and a flexible footprint, this asset provides significant long-term potential for investment or redevelopment.
Located less than 1,000 feet from an I-95 offramp, the site benefits from outstanding connectivity to the region’s main transportation corridor, which sees traffic volumes exceeding 148,000 vehicles daily. The Elmwood area offers strong surrounding fundamentals with a dense residential base and a trade area exceeding 400,000 residents within five miles. Local and national brands, including Dunkin’, AutoZone, and Tire Warehouse, add synergy to the corridor and underscore its commercial activity.
The property is situated within Providence’s urban core, offering access to a robust labor pool, established neighborhoods, and a vibrant retail scene. With excellent regional access, ample market density, and a flexible footprint, this asset provides significant long-term potential for investment or redevelopment.
Property Facts
Amenities
- Bus Line
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
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
Contact
-
Messias Pedro - Messias Pedro
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18 Belden St
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