$1,200,000

464 Silver Spring Street, Providence, RI 02904

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Located at 464 Silver Spring Street in the heart of Providence, RI, this property offers a remarkable 16,000 square foot lot with commercial (C3) zoning, providing exceptional development potential. Positioned in a prime area, the location allows for the best use of 40+ units across the entire lot, making it an ideal opportunity for residential or mixed-use development. The existing church building, which is fully operational, sits along Silver Spring Street, while the parking lot is accessible from Swift Street. The expansive parking area presents opportunities for future growth, including the potential for subdivision or redevelopment. Currently, the church houses multiple congregations that provide a steady rental income stream, while also maintaining its taxexempt status as a place of worship. This property combines an active, income-generating facility with outstanding development potential in a highly desirable location, perfect for maximizing its future value.

Listing Status:
Active
Date Added:
March 19, 2025 at 05:00AM
Listing Office:
Century 21 The Seyboth Team : 401-415-8527
MLS ID:
1380396
  • Parking: Parking spaces: 50

This listing courtesy of Century 21 The Seyboth Team

Location

Schools Nearby

V

Veazie Street School

211 Veazie St, Providence, RI, 02904

Grades KG-5

1.22 miles away

E

Esek Hopkins Middle School

480 Charles St, Providence, RI, 02904

Grades 6-8

0.68 miles away

E

E-Cubed Academy

812 Branch Ave, Providence, RI, 02904

Grades 9-12

1.18 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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