Downtown Providence Commercial Land Available

Vacant Land for Sale
Catylist Listing ID: 30274335
Property Subtypes: Hospitality, Multi-Family, Office, Other
Gross Land Area: 34,291 SF
Sale Price: $2,900,000
Unit Price: $84.57 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Churchill & Banks is pleased to present commercial land for redevelopment in Downtown Providence. 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 a paved existing paid parking lot. Owner is willing to work out long-term ground leases or outright sales. For any additional questions, please contact me.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 37,140 247,148 451,670
Median Age: 27.3 32.84 36.52
Households: 12,340 91,464 174,914

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