20 Sonoma Ct
Providence, RI 02909
38 Unit Development - Opportunity Zone · Land For Sale · 0.17 AC

Riverfront Mixed-Use Development Opportunity – Providence, RI (Opportunity Zone) Exceptional opportunity to acquire a by-right riverfront development site in Providence’s growing West Side corridor. The property at 20 Sonoma Court is located within a federally designated Opportunity Zone and is zoned M-MU-75, allowing up to 75 feet (5–6 stories) of mixed-use development with zero front and side setbacks. Preliminary site assessment, massing, and conceptual design support an approximately 38-unit residential program with a 1BR–2BR mix and an average unit size of roughly 750 SF. Estimated livable residential area is approximately 26,000–28,000 SF, with total gross building area estimated at 32,000–35,000 SF. **Completed Due Diligence & Reports** - Phase I Environmental Assessment completed - Phase II Environmental Testing completed (soil and groundwater clean; no further action required) - Rhode Island DEM approval obtained - Geotechnical borings completed - Boundary and topographic survey completed - Utility availability and verification completed - Site assessment and massing studies completed - Conceptual building design and unit layout studies completed The site is strategically positioned near Gotham Greens and Farm Fresh RI, with direct access to the Toby Street Pedestrian Bridge. The location offers quick connectivity to Downtown Providence, the Jewelry District, Westminster Street, Atwells Avenue, and the West End, as well as excellent regional access via I-95, Route 10, and Route 6. Offered as an off-market development opportunity. Well-suited for developers and Opportunity Zone investors seeking a high-density riverfront project in a supply-constrained, transit-connected submarket. Pricing guidance is provided for discussion purposes only. Call for offers.