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292 Prairie Ave 2,221 SF Industrial Building Providence, RI 02905 $849,500 ($382.49/SF)
Executive Summary
This unique offering includes two separately deeded parcels totaling more than 8,000 square feet. The primary parcel at 292 Prairie Avenue features a well maintained 3,000 square foot single story masonry building zoned C2. The building offers front and rear overhead doors, a large open work area, a modern finished office, and two restrooms. The fully fenced site provides secure space for parking, equipment staging, fleet vehicles, or outdoor storage, making it ideal for a variety of uses.
Included in the sale is 28 Milk Street, a separately deeded parcel located directly behind the commercial building. Zoned R3, the lot presents outstanding potential for residential development, additional parking or expansion opportunities.
Located just minutes from Downtown Providence, Interstate 95, and the Port of Providence, this property combines immediate functionality with exceptional long term flexibility.
Included in the sale is 28 Milk Street, a separately deeded parcel located directly behind the commercial building. Zoned R3, the lot presents outstanding potential for residential development, additional parking or expansion opportunities.
Located just minutes from Downtown Providence, Interstate 95, and the Port of Providence, this property combines immediate functionality with exceptional long term flexibility.
Property Facts
| Price | $849,500 | Rentable Building Area | 2,221 SF |
| Price Per SF | $382.49 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 8.1/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.37 AC | Cross Streets | Bogman St |
| Zoning | C-1 - C2 and R3 | ||
| Price | $849,500 |
| Price Per SF | $382.49 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 2,221 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 8.1/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Bogman St |
| Zoning | C-1 - C2 and R3 |
Amenities
- Bus Line
- Fenced Lot
- Security System
- Storage Space
- Fluorescent Lighting
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | PROV-450444-000000-000000 | Improvements Assessment | $115,400 |
| Land Assessment | $103,700 | Total Assessment | $219,100 |
Property Taxes
Parcel Number
PROV-450444-000000-000000
Land Assessment
$103,700
Improvements Assessment
$115,400
Total Assessment
$219,100
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292 Prairie Ave