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61 Magnolia St
Providence, RI 02909
Land For Sale · 2.00 AC

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Investment Highlights

  • Flexible Mixed Use Zoning
  • Open Land, Ready for Development
  • Multiple Addresses, Various Ingress/Egress Options
  • Close Proximity to the Highway (Routes 6 & 10, I-95)
  • Utilities Available (Electric, Sewer, Water, Gas)
  • Established Property History

Executive Summary

This 2.76-acre property is comprised of four (4) parcels: Plat 105 /Lot 482 (46 Atwood St), Lot 483 (32-34 Atwood Str), Lot 504 (28
Agnes St), and Lot 505 (61 Magnolia St). A 1,500 SF metal flex building is located on the 61 Magnolia St lot. It is located in a
mixed-use zone of Providence, allowing for a variety of flexible uses. This rare, development-ready, triple-corner opportunity offers
immediate development potential.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 2.00 AC
Zoning M-MU-75 - Mixed-Use Industrial

1 Lot Available

Lot

Price $1,950,000
Price Per AC $975,000.00
Lot Size 2.00 AC

This 2.76-acre property is comprised of four (4) parcels: Plat 105 /Lot 482 (46 Atwood St), Lot 483 (32-34 Atwood Str), Lot 504 (28 Agnes St), and Lot 505 (61 Magnolia St). A 1,500 SF metal flex building is located on the 61 Magnolia St lot.

Description

The property is located in Providence's Olneyville neighborhood, a dynamic area known for its industrial charm, rich cultural history, and creative energy. The neighborhood has been undergoing significant redevelopment, with historic mill buildings now housing art studios, boutique businesses, and eclectic living spaces. Located near major highways (Routes 6 & 10 and I-95), the location provides easy access to the greater Providence area and beyond.

  • Listing ID: 31873059

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 61 Magnolia St, Providence, RI 02909

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