$749,900

544 Douglas Avenue, Providence, RI 02908

  • 7,936 sqft
  • 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 $94/sqft
  • Property List Date Icon Listed 21 days ago

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)

Listing Status:
Active
Date Added:
February 11, 2026
Data Last Updated:
March 4, 2026 at 7:15AM
Listing Office:
Keller Williams Leading Edge : 401-333-4900
MLS ID:
1404783
  • Parking: Parking spaces: 12
  • General: Frame3
  • Road/Access: City Street
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 544DOUGLASAVPROV
  • Utilities: Sewer ConnectedItem150AmpServiceCircuit Breakers
  • Water: Connected
  • Sewer: Connected
  • Source: RIS_RIS

This listing courtesy of Keller Williams Leading Edge

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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