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40 Bassett st 0.79 Acres of Commercial Land Offered at $5,583,680 CAD in Providence, RI 02903

EXECUTIVE SUMMARY
Churchill & Banks is pleased to present commercial land for redevelopment in Downtown Providence. Land is located within the federal Opportunity Zone with many tax incentives available! The site is located in the Jewelry District with easy Interstates' 95 and 195 access. The parcel is well located next to the Coro Center which houses Lifespan and Imperial Place, a mixed-use property with a variety of long-term tenants. Located directly next to the I-195 Redevelopment District, the area will require parking and other services to compliment future commercial and mixed-use developments. Property is currently zoned for a 10 story parking garage, medical, office, or residential uses. Owner is willing to work out a long-term ground lease or outright sale. For any additional questions, please contact me.
PROPERTY FACTS
| Price | $5,583,680 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.36 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | D-1-20 - Commercial Land | ||
| Price | $5,583,680 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.36 AC |
| Opportunity Zone |
Yes |
| Zoning | D-1-20 - Commercial Land |
1 LOT AVAILABLE
Lot
| Price | $5,583,680 CAD | Lot Size | 0.79 AC |
| Price Per AC | $7,067,949.56 CAD |
| Price | $5,583,680 CAD |
| Price Per AC | $7,067,949.56 CAD |
| Lot Size | 0.79 AC |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | PROV-210070-000000-000000 | Improvements Assessment | $21,151 CAD |
| Land Assessment | $2,078,064 CAD | Total Assessment | $2,099,216 CAD |
PROPERTY TAXES
Parcel Number
PROV-210070-000000-000000
Land Assessment
$2,078,064 CAD
Improvements Assessment
$21,151 CAD
Total Assessment
$2,099,216 CAD
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40 Bassett st
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