$1,999,999 USD
Commercial for Sale, 15 Emmett Street, Providence, Rhode Island 02903
- MLS#1405381
- Minimum sellable space
566 m² (6,096 ft²)
Listed By Homesmart Professionals
The Commercial Property for Sale located at 15 Emmett Street, Providence, Rhode Island 02903 is currently for sale. 15 Emmett Street, Providence, Rhode Island 02903 is listed for $1,999,999.
Property features
Property
- Property size:
566 m² (6,096 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
1,088 m² (11,712 ft²)
Construction
- Year built: 1904
- Basement and foundation: Full Basement
Description
Two 3 units with an extra lot! Point, Emmet and Beacon St!
Opportunity to acquire a multi-parcel assemblage offering strong in-place income with substantial development upside. Individually stable and collectively powerful, this portfolio presents both immediate cash flow and long-term density potential.
Highlights:
278 Point Street: 3-family, fully rented, ~$5,600/month income; right to add 3 additional units by right (no variances)
3,088 SF
Land 7,522 SF
15–17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right
3,007.5 SF
Land 4,190 SF
Beacon Street: Development potential for 1–2 additional units
Strong existing cash flow while pursuing expansion
Assemblage potential to support a redevelopment exceeding 28+ residential units (subject to planning & zoning review)
Ideal for investors or developers seeking stabilized income with significant future build-out opportunity.
Location
15 Emmett Street, Providence, Rhode Island 02903