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Faits saillants de l'investissement

  • Qualified Opportunity Zone
  • Multiple Lots
  • Clean Phase 1 Environmental
  • MU-75 Zoning
  • Combined lot size 10,000 square feet

Résumé de l'annonce

Ownership is marketing the property as a flexible urban infill opportunity with multiple potential execution strategies rather than solely as a multifamily development site. While preliminary concepts support a larger mixed-use residential project, the property may also appeal to commercial operators, owner-users, investors, or groups seeking long-term repositioning potential within a rapidly improving corridor of Providence.
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.

Faits sur la propriété

Prix 2 052 000 $ CAD
Type de vente Investissement
Conditions de vente
1031 Échange
  • Construction sur mesure
  • Option du bail
  • Projet de redéveloppement
  • Bâtiment non meublé
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Résidentiel
Utilisation proposée
Commercial
  • Commerce de détail
  • Usage mixte
  • Multi-résidentiel
  • Services hôteliers
  • Unités d’appartements
  • Unités d’appartements - Condo
  • Unités d’appartements - Aînés
  • Appartements subventionnés
  • Concessionnaire automobile
  • Réparation automatique
  • Banque
  • Dépanneur
  • Distribution
  • Immeuble indépendant général
  • En attente de développement
  • En attente d’investissement
  • Hôtel
  • Médical
  • Entrepôt de détail
  • Devanture
  • Devanture résidentielle/commerce de détail
Taille totale du lot 0,25 AC
Zone de développement économique Oui
Zonage M-MU-7 - Zoned M-MU-75 allowing up to 75’ mixed-use development by right, supporting multifamily, ground-floor retail, and high-density urban infill.

1 Lot disponible

Lot

Prix 2 052 000 $ CAD
Prix par AC 8 208 000,18 $ CAD
Taille du lot 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

Moyennement practicable à pied
60/100
Moyennement facile d'accès en voiture
60/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
60/100

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • PROV-350291-000000-000000
  • PROV-350288-000000-000000
Évaluation du terrain
192 214 $ CAD
Évaluation des bâtiments
241 567 $ CAD
Évaluation totale
433 781 $ CAD
  • ID d’inscription: 39254698

  • Date de mise sur le marché: 2026-01-29

  • Dernière mise à jour:

  • Adresse: 657 Harris Ave, Providence, RI 02909

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