11 Peck StProvidence, RI 02903

This exceptional mixed-use property at 11 Peck Street in Providence, Rhode Island, presents a unique investment opportunity. Situated on a 1,871 square foot lot in the heart of downtown Providence, this two-story building, constructed in 1920, currently features three units. Two ground-floor spaces are occupied by small commercial storefronts, while the second floor offers a gutted-out space ideal for residential conversion. The property's strategic location within an Opportunity Zone unlocks access to various tax credit programs, further enhancing its investment appeal. The existing building boasts excellent structural integrity, with the heating, electrical systems, roof, and exterior in great condition. This presents a versatile opportunity: retaining the existing commercial spaces, converting to entirely different commercial uses, or undertaking a significant redevelopment project. The potential for adding up to four additional floors significantly expands the property's future value and functionality. This is a rare chance to acquire a property in one of Providence's most desirable downtown locations. The asking price is $879,000.