Address
7 Dike Street, Providence, RI
Price
$ 699,900
Property Attributes
  • MLS#1357881
  • TypeCommercial
  • CountyPROVIDENCE
  • CityProvidence
  • Zip02909
  • StyleCommercial
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.204178 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000sqft) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units and qualifies for state tax credits. Phase I and Phase II environmental completed. Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area. See link for building plans.

Price History
4/29/2024 Listed $699,900

General Features

Sewer Connected
Utilities SewerConnected
Construction Materials Masonry
Year Built 1940
Electric CircuitBreakers
Property SubType Commercial
Tax Year 2023
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
City Providence
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 8894.0
Waterfront Y/N No
Carport Y/N No
Street Name Dike
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 0.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/7-Dike-ST-Providence-RI-02909
Days on Market 10
Standard Status Active
Tax Assessed Value 486000
Tax Lot 341
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 0.0
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Total Parking 0.0
Lot Size Area 8894.0
Number of Buildings 1
Spa No
Building Area Total 0.0
Lot Size Units SquareFeet
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02909

Price
AVG $900K
$700K
Visits
AVG 112
49
Data Provided by Inside Real Estate®
Year Built
AVG 1920
1940

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