$850,000

544 Douglas Avenue, Providence, RI 02908

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investors Take Notice! Rare opportunity to own two adjacent office buildings on Douglas Avenue in the heart of Providence, just around the corner from Providence College. This property offers flexibility for a wide range of uses—maintain as professional office space, convert to multifamily housing, develop into condos, or rebuild for a larger residential/mixed-use project. Two buildings on one lot – currently used as professional office space. Updated to current fire codes – fire alarm box & full sprinkler system, HVAC systems, are already in each building. Paved parking for 12 vehicles – a major plus in this area. Prime redevelopment potential – area is growing, desirable, and in demand for student, faculty, and workforce housing Location! Steps from Providence College, with easy access to downtown Providence, I-95, and Smith Hill amenities Investment Opportunity Whether you are an investor seeking strong redevelopment upside, or an owner-user looking for a prime office location with parking, this property delivers. With demand for apartments and condos surging in the neighborhood, the potential to reposition this asset into residential use is clear.

Listing Status:
Active
Date Added:
October 3, 2025 at 05:00AM
Listing Office:
Rob Levine Realty LLC : 401-714-1746
MLS ID:
1396886
  • Basement: Full
  • Parking: Parking spaces: 12
  • General: Frame0
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 544DOUGLASAVPROV
  • Utilities: 150 Amp Service
  • Sewer: Public Sewer
  • Source: RIS_RIS

This listing courtesy of Rob Levine Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Veazie Street School

211 Veazie St, Providence, RI, 02904

Grades KG-5

0.51 miles away

E

Esek Hopkins Middle School

480 Charles St, Providence, RI, 02904

Grades 6-8

0.51 miles away

T

Times2 Middle/High School

50 Fillmore St, Providence, RI, 02908

Grades 7-12

0.58 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.

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