7 Dike St, Providence, RI

$699,900

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About 7 Dike St

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.

Pricing and availability subject to change.

Features of 7 Dike St

MLS® # 1357881
Price $699,900
Square Footage 8894
Acres 0.00
Year Built 1940
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 7 Dike St
City Providence
County Providence
State RI
Zip Code 02909

Amenities

Utilities Sewer Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Masonry
Construction Masonry

Additional Information

Date Listed April 29th, 2024
Days on Market 10
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 The Seyboth Team

Listing Map

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