
$1,800,000 USD
Commercial for Sale, 1484 Mineral Avenue, North Providence, Rhode Island 02904
- MLS#1405287
- Minimum sellable space
224 m² (2,410 ft²)
Listed By Keller Williams South Watuppa
The Commercial Property for Sale located at 1484 Mineral Avenue, North Providence, Rhode Island 02904 is currently for sale. 1484 Mineral Avenue, North Providence, Rhode Island 02904 is listed for $1,800,000.
Property features
Property
- Property size:
224 m² (2,410 ft²)
Lot/Land
- Land/Lot size:
0 m² (0.29 ft²)
Construction
- Year built: 1990
Utilities
- Other utilities: Public Sewer
Description
High-performing, single-tenant NNN retail investment in a dominant Mineral Springs Avenue retail
corridor. This freestanding 2,410 SF asset sits on 0.29 acres with dedicated parking and drive-thru,
delivering strong long-term retail functionality and consistent consumer traffic. Tenant has
successfully operated at this location since 2005 with approximately seven (7) years remaining on a
triple net lease, providing secure, predictable income with minimal landlord responsibilities. Located
in a dense trade area with traffic counts exceeding 22,000 vehicles per day and strong national
retail synergy. Offered at a 5.25% cap rate with solid in-place NOI. Fee simple ownership (land and
building). Ideal for 1031 exchange buyers and investors seeking durable cash flow, proven tenancy,
and long-term stability in a supply-constrained Rhode Island market.
Location
1484 Mineral Avenue, North Providence, Rhode Island 02904