$260,000

125 Alger Avenue, Providence, RI 02907

Land
Built in ——
3,920sqft lot
—— car garage
$——/sqft
Listed 22 days ago

Property Description

Prime vacant M-1 zoned development parcel offered at $260,000 — exceptional opportunity for builders and portfolio investors. Located in a stable commercial/industrial corridor with excellent street access and utility proximity, this lot is ideally suited for light industrial, flex-commercial, or adaptive reuse projects. The parcel can be sold together with adjacent lots (seller willing to consider assemblage), creating a larger development footprint for multi-unit rental or mixed-use industrial/residential conversions (subject to approvals). This property represents a rare, affordably priced entry into the market for developers who want to scale quickly by combining this site with neighboring parcels. Preliminary site review suggests strong potential for efficient site plan options due to straightforward topography and good curb frontage. Buyer should conduct due diligence, including zoning verification, environmental/site assessments, and utility capacity review.

Listing Status:: Active
Date Added:: October 15, 2025 at 05:00AM
Listing Office:: Innovations Realty : 401-414-7414
MLS ID:: 1397875

General: 0

Originating MLS: RIS_RIS
County: Providence

Topography: Level
Zoning: 125ALGERAVPROV

Utilities: NoneWater Available

Source: RIS_RIS

This listing courtesy of Innovations Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Reservoir Avenue School

156 Reservoir Ave, Providence, RI, 02907

Grades KG-5

0.82 miles away

Roger Williams Middle School

278 Thurbers Ave, Providence, RI, 02905

Grades 6-8

1.37 miles away

Dr. Jorge Alvarez High School

375 Adelaide Ave, Providence, RI, 02907

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.