$615,000

Investor opportunity on busy Douglas Ave (Route 7) in North Providence! This 1-story concrete block commercial building sits on a ~5,000 SF lot. It comes with a professionally prepared architectural plan set, issued for permit, for a change of use to a 5-unit apartment building, with 7 parking spaces shown on the plans. Municipal approvals and permits are pending, so the buyer gets a head start on the design work and can carry the project through approval. It could also fit an owner-user looking for flex, service, or showroom space. The location is close to the Geneva Mills loft condos, North Providence Marketplace, Mineral Spring Ave shopping and dining, Providence College, and easy highway access to Route 6, I-95, and I-295, with a quick drive to downtown Providence. Annual taxes are about $5,012. Sold as-is. Buyers should do their own due diligence on zoning, permitting, building size, and environmental condition. The plan set is available to qualified buyers on request.