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50 Days on Jacob RealtyPrice Reduced $50,000
24
$699,900
N/A Beds N/A Baths
HOA
N/A
LOT size: 0.22 Acres
SQFT
7936
544 Douglas Ave
Providence, RI 02908
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Property Description

Exceptional development opportunity on Douglas Ave with significant income potential, consisting of two buildings in a prime Providence location, just steps from Providence College. This property is currently used as professional offices, previously used as apartments. Best use of the property would be a residential apartment conversion, consisting of 7-9 units. The zoning is C2 and offers excellent flexibility for other uses, such as condo conversion or mixed use. Rents in the area are very strong, making a return to residences here a lucrative possibility. Both buildings have updated fire systems, including sprinkler system and fire alarm panels. On-site paved lot for approximately 12 vehicles adds significant value as parking in the area is difficult to find. Located near downtown Providence, I-95, and Smith Hill amenities, this property offers strong long-term potential in a high-demand corridor. (Floor Plans available upon request)

Property Details

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73476297

Building Information

  • Total SQFT: 7936

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

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Seller's Representative: Pete Dufresne, Keller Williams Realty Leading Edge
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-31 03:05:00