545 Prairie AveProvidence, RI 02905

Property Details for 545 Prairie Ave

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.05 AC

Property size (Sq ft)

44,278 SF

Zone code

C-2

Property type

Industrial properties

Property subtype

Other industrial properties

APN

PROV M:53 L:23

APU

PROVM53L23

Description

This exceptional 45,000-square-foot warehouse, situated at 545 Prairie Avenue in Providence, Rhode Island, presents a compelling investment opportunity. The property boasts a generous 1.05-acre lot, providing ample space for operations and potential expansion. The warehouse features a desirable 20-foot ceiling height, ideal for various industrial uses and efficient storage. With 60 parking spaces available, accommodating employees and clients is effortless. The property is zoned C-2 (General Commercial District), allowing for a wide range of commercial activities, including larger retail establishments. Its strategic location offers excellent accessibility, being only 0.6 miles from Route 95 and 2 miles from Route 1, ensuring seamless transportation and logistics. This prime location within Providence County, Rhode Island, zip code 02905, combines convenient access to major roadways with the benefits of a thriving commercial district. The property's size, zoning, and location make it an attractive prospect for businesses seeking a functional and strategically positioned warehouse in a dynamic market. This is a rare opportunity to acquire a substantial industrial property in a highly desirable area.

• Alternative Use

  Use

  Valuation

  Residential

  $8,379,130

  Hospitality

  $7,675,238

  Educational

  $6,385,708

  Medical

  $6,605,322

  Retail

  $9,933,323

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.7989

Longitude

-71.4126

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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