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$1,299,000
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Property Description
Prime Freestanding Commercial Building on High-Traffic Road Located at 1778 Mineral Spring Avenue, this freestanding commercial building is a fantastic investment opportunity. Currently rented to a successful laundromat, the property offers a prime location with exceptional visibility and accessibility. Key Features: Lot Size: Spacious 23,250 sq. ft. lot with ample parking, accommodating both customers and employees. High-Traffic Location: Situated on a busy road with excellent exposure to daily traffic, ensuring strong customer visibility. CG Zoning: Flexible Commercial General zoning allows for a variety of future uses, making this property a versatile asset. Freestanding Building: Standalone structure with dedicated space for your tenant's business operations. Whether you're looking for a stable investment with an established tenant or a property with long-term potential in a high-demand area, 1778 Mineral Spring Avenue checks all the boxes. Contact me today to learn more about this opportunity or to schedule a private showing!
Full Property Details
Full Property Details for 1778 Mineral Spring Ave
General
- Price: $1,299,000
- Taxes: $14,010 (2024)
- Status: Active
- Type: Commercial Service
- Source: STWMLS
- MLS ID: 1376760
- Updated: 1/22/2025
- Added to Site: 24 day(s) ago
Business
- Business Type: Laundromat
Rental Information
- Lease Info: Net
Parking
- Total Spaces: 20
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Central
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame
- Stories/Levels: 0
- Building Size: 3965
- Finished Total: 3,965 Sq. Ft.
- Finished Above Grnd: 3,965 Sq. Ft.
- Year Built: 2018
Lot Features
- Lot Size (Sq. Ft.): 23,250
- Lot Size: 23250
- Frontage: State Road, Asphalt
- Sidewalks: Yes
Financial Considerations
- Tax Amount: $14,010
- Tax Year: 2024
- Owner Pays: Insurance, Taxes
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Hot Water, Snow Removal, Sewer, Trash Collection, Water
Disclosures and Reports
- Property ID: 1778MINERALSPRINGAVNPRO
- Lot Number: 6
Listed by RE/MAX Preferred
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Schools
Schools serving 1778 Mineral Spring Ave
School District:North Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1828 Mineral Spring Ave, N Providence, RI 02904 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1778 Mineral Spring Ave
Date
Details
Price
Change
Source
1/22/2025
Listed
$1,299,000
205.65%
MLS
5/03/2017
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1778 Mineral Spring Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,010
-21%
$600,000
—
2022
$17,730
—
$600,000
—
2021
$17,730
—
$600,000
—
2020
$17,730
2%
$600,000
14%
2017
$17,354
-16%
$527,800
-11%
2016
$20,583
—
$593,500
—
2015
$20,583
—
$593,500
—
2014
$20,583
10%
$593,500
-2%
2013
$18,724
—
$603,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1778 Mineral Spring Ave
1778 Mineral Spring Avenue, North Providence, RI 02904 (MLS# 1376760) is a Commercial Service property. 1778 Mineral Spring Avenue is currently listed for $1,299,000 and was received on January 22, 2025. Want to learn more about 1778 Mineral Spring Avenue? Do you have questions about finding other Commercial Service real estate for sale in North Providence? You can browse all North Providence real estate or contact a Coldwell Banker agent to request more information.