88 Niantic AveProvidence, RI 02907
- Industrial properties
- 23,868 SF
Property Details for 88 Niantic Ave
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.18 AC
- Property size (Sq ft)
- 23,868 SF
- Zone code
- M-1
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- PROV M:50 L:712
- APU
- PROVM50L712
Description
This exceptional 23,868-square-foot industrial property, located at 88 Niantic Avenue in Providence, Rhode Island, presents a compelling investment opportunity. Situated on a fenced 2.17-acre corner lot within the Huntington Industrial Park, this building offers a versatile layout ideal for distribution, flex, or warehouse operations. The property features approximately 5,700 square feet of office/retail/showroom space, complemented by 18,168 square feet of storage/manufacturing space with 10'-11' clear ceiling heights. Loading capabilities are robust, including seven loading docks on a platform (with expansion potential) and one grade-level door opening to an interior loading dock. Exterior amenities include ample parking and outdoor storage areas. The building is fully sprinklered and boasts a new rubber roof. The property is zoned M-1 (Light Industrial) and has an annual tax assessment of $31,649.67. This well-maintained facility offers significant potential for a variety of businesses seeking a strategic location in Providence, RI. The combination of ample space, convenient loading, and desirable location makes this an attractive investment prospect.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,516,759
- Hospitality
- $4,137,327
- Educational
- $3,442,208
- Medical
- $3,560,590
- Retail
- $5,354,545
Location Insight
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Latitude
- 41.8012
- Longitude
- -71.4385
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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