Commercial Real Estate in Rhode Island available for sale
1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in Rhode Island, USA

More details for 6 8 12-14 Rosemont Terrace and 50-68 Woonasquatuck, Providence, RI - Multifamily for Sale

Owner Financing Available - 6 8 12-14 Rosemont Terrace and 50-68 Woonasquatuck

Providence, RI 02911

  • 1031 Exchange Property
  • Multifamily for Sale
  • $18,982,471 CAD
  • 67,493 SF

Providence Multifamily for Sale

OWNER FINANCING AVAILABLE. The owner will finance the first mortgage at 5% interest-only for two years with a $4,000,000 down payment. The owner will consider the sale of the LLC membership interest with a $2.5M down payment. Property Description Rosemont Terrace is a multifamily portfolio in Providence, RI, comprised of 67 residential units across six 2.5-story brick garden-style buildings and an additional single-family home, located at 50, 64, 68, and 70 Woonasquatucket Avenue, and 6 & 8 Rosemont Terrace. The unit mix includes 25 two-bedroom units and 42 one-bedroom units, providing a range of housing options within a cohesive neighborhood setting. The portfolio has a total gross living area of 56,826 SF and sits on a 111,505 SF lot. The property is located in an established Providence neighborhood with access to local amenities, public transportation, and major roadways. Coin-operated laundry in each building adds convenience for tenants and supplemental income, supporting consistent rental demand in the area. Location Description Providence, RI, offers a premier urban investment opportunity supported by a diverse economy, renowned educational institutions, and ongoing downtown revitalization, positioning the city as one of New England’s most dynamic multifamily and mixed-use markets. As Rhode Island’s capital and largest city, Providence continues to attract residents, businesses, and investors seeking strong long-term growth within a highly connected metropolitan area. Located approximately 50 miles south of Boston and 180 miles northeast of New York City, Providence combines historic architecture with a rapidly evolving urban landscape. The city is home to nationally recognized institutions including Brown University and Rhode Island School of Design, along with a growing healthcare, technology, and professional services sector that supports consistent residential demand. Its vibrant downtown, waterfront redevelopment, arts scene, and extensive transportation network continue to attract students, young professionals, and workforce residents alike. For investors, Providence represents a compelling opportunity driven by strong rental demand, continued redevelopment activity, and relative affordability compared to larger Northeast gateway cities. Ongoing infrastructure improvements, expanding mixed-use developments, and a strong local identity position Providence for sustained economic growth and long-term capital appreciation across residential and commercial asset classes.

Contact:

United Multi Family Corporation

Property Subtype:

Apartment

Date on Market:

2026-05-11
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More details for 393 Waterman Ave, East Providence, RI - Multifamily for Sale

393 Waterman Ave

East Providence, RI 02914

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,221,299 CAD
  • 2,672 SF
  • Air Conditioning
  • Kitchen

East Providence Multifamily for Sale

This well-maintained 5-unit property features a unit mix of 3 studios and 2 one-bedroom apartments. It currently generates $6,200 in monthly rental income with clear upside potential through rent increases to market levels. Two out of five apartments have been renovated. The property has had key capital improvements already completed, including a new roof (2022), repaved driveway (2016), and majority of windows replaced (2025), minimizing short-term capital expenditure for a new owner. The building is serviced by a single Weil-McLain gas boiler providing heat to all units. Current ownership covers gas and electric, presenting a clear value-add opportunity to separate utilities and improve operating efficiency, ultimately increasing net operating income. Ideal for investors seeking a stable, cash-flowing asset with proven income and the ability to create higher returns through operational improvements and rent growth.

Contact:

Grove Property Group

Property Subtype:

Apartment

Date on Market:

2026-04-22
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More details for 657 Harris Ave, Providence, RI - Land for Sale

50+ Unit Development - Opportunity Zone - 657 Harris Ave

Providence, RI 02909

  • 1031 Exchange Property
  • Land for Sale
  • $2,093,655 CAD
  • 0.25 AC Lot

Providence Land for Sale

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.

Contact:

Future Properties

Property Subtype:

Residential

Date on Market:

2026-01-29
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More details for 100 Commerce Dr, Warwick, RI - Flex for Sale

100 Commerce Dr

Warwick, RI 02886

  • 1031 Exchange Property
  • Flex for Sale
  • Price Upon Request
  • 14,841 SF

Warwick Flex for Sale

FOR SALE- One Story Office/Warehouse Building! - PRICE REDUCTION! • 2 miles north of T.F. Gteene Airport • 2 miles to Route 95 North/South • Building Area: 14,841/10,000 Office/4,841 warehouse • Land Area: 1.23 Acres • Heat: Gas • Construction: Block • All municipal utilities • Sprinklers • Fire code compliant • Entry Alarm • Taxes: $37,414.88 For more information, please contact: 401 454-4660 Neil Amper, EXT 322 namper@capstone-properties.com

Contact:

Capstone Properties

Date on Market:

2026-01-14
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More details for 4 Chase Hill Rd, Ashaway, RI - Industrial for Sale

Comolli Granite - 4 Chase Hill Rd

Ashaway, RI 02804

  • 1031 Exchange Property
  • Industrial for Sale
  • $942,145 CAD
  • 2,989 SF
  • Waterfront

Ashaway Industrial for Sale - Washington County

Established Monument & Stone Business with Building & Inventory** Rare opportunity to own a **turn-key monument and stone business** that has been successfully operating for **over 35 years**! This well-established company comes with **\$200,000+ in equipment and inventory**, giving you everything you need to walk in and start earning from day one. Located on a **high-traffic State Road**, the business is fully operational and currently taking orders—meaning you’ll step into a smooth, profitable operation from the start. The building is well-equipped, and the **current owners are willing to assist during the transition** to ensure your success. Don’t miss this chance to **be your own boss** and take over a thriving business with a proven track record.

Contact:

Coldwell Banker Coastal Homes

Date on Market:

2026-03-12
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