Your email has been sent.
657 Harris Ave - 50+ Unit Development - Opportunity Zone 0.25 Acres of Residential Land Offered at $2,050,200 CAD in Providence, RI 02909



Investment Highlights
- Qualified Opportunity Zone
- Multiple Lots
- Clean Phase 1 Environmental
- MU-75 Zoning
- Combined lot size 10,000 square feet
Executive Summary
The combination of Opportunity Zone positioning, flexible M-MU-75 zoning, strong regional accessibility, and surrounding neighborhood investment creates a rare level of optionality for buyers. The asset may support phased redevelopment, interim commercial use, owner occupancy, or future ground-up development depending on market conditions and business objectives.
Properties offering this level of flexibility, scale, and redevelopment upside within close proximity to Downtown Providence are increasingly limited.
Property Facts
1 Lot Available
Lot
| Price | $2,050,200 CAD | Lot Size | 0.25 AC |
| Price Per AC | $8,200,799.70 CAD |
| Price | $2,050,200 CAD |
| Price Per AC | $8,200,799.70 CAD |
| Lot Size | 0.25 AC |
Prime MU-75 development opportunity in an Opportunity Zone. By-right mixed-use zoning allows up to 75’ height, ideal for multifamily or mixed-use urban infill development. Sale Includes: 657 Harris Ave 13 Delaine St Providence, RI 02909
Description
Harris Avenue Development Site – Mixed-Use Development, Commercial & Owner-User Opportunity | Providence, RI (Opportunity Zone) 13 Delaine Street & 657 Harris Avenue present a rare mixed-use development, commercial, and owner-user opportunity located within Providence’s rapidly evolving West Side growth corridor. The assembled contiguous parcels are situated within a designated Opportunity Zone and zoned M-MU-75 (Mixed-Use / 75-Foot Height District), allowing for a broad range of residential, commercial, industrial, and mixed-use applications. While previously conceptualized as an approximately ±50-unit multifamily development, the property’s flexible zoning and strategic location also make it highly attractive for a variety of owner-user and commercial uses including retail, bank branch, cannabis dispensary (subject to licensing), automotive service, contractor yard, warehouse, showroom, office, light industrial, mixed-use retail/residential, or long-term hold investment. The property benefits from strong transit connectivity and proximity to major neighborhood amenities including Gotham Greens, Farm Fresh RI, the Toby Street Pedestrian Bridge, and the Westminster, Broadway, and Atwells Avenue commercial corridors. Downtown Providence, the Jewelry District, and the Providence Train Station are all within minutes, with exceptional regional access via Interstate 95, Route 10, and Route 6. Due diligence is substantially complete, including Phase I Environmental, zoning confirmation, utilities available in street, and preliminary massing studies. Whether repositioned for commercial use, held as an investment, occupied by an owner-user, or redeveloped into a larger mixed-use project, the property offers multiple paths for long-term value creation in one of Providence’s emerging growth corridors. Offering Highlights * Opportunity Zone mixed-use and commercial opportunity * Zoned M-MU-75 allowing broad residential and commercial uses * Previously conceptualized for approximately ±50 residential units * Potential uses include multifamily, retail, cannabis, automotive, warehouse, contractor yard, office, bank branch, and mixed-use development * Strong urban infill location with excellent regional highway access * Near Gotham Greens, Farm Fresh RI, Broadway, Westminster, and Atwells corridors * Utilities available in street * Multiple redevelopment, owner-user, and investment strategies
Property Taxes
| Parcel Numbers | Improvements Assessment | $241,567 CAD | |
| Land Assessment | $192,214 CAD | Total Assessment | $433,781 CAD |
Property Taxes
Presented by
Future Properties
657 Harris Ave - 50+ Unit Development - Opportunity Zone
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
