544 Douglas AvenueProvidence, RI 02908
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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)
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| yesterday | Listing updated with changes from the MLS® |
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Last checked: 2026-02-13 05:28 AM UTC
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