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$995,000 Just Listed
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Property Description
Buildable land with existing income, located at a highly visible, busy intersection in Providence. Offered for sale is a nearly 20,000 SF comprised of two parcels, including a five-unit mixed-use building with three residential units and two restaurant spaces featuring newer updates including roof and mechanical systems. Both parcels convey together, offering additional development potential and subdivision, subject to approvals. Both parcels are zoned C-2, allowing for a wide range of permitted commercial and mixed-use uses with flexible development standards, including potential drive-through capacity. The site benefits from four curb cuts, providing excellent access, circulation, and exceptional visibility from all sides.
Full Property Details
Full Property Details for 1039 Douglas Ave
General
- Price: $995,000
- Taxes: $23,238 (2025)
- Status: Active
- Type: Retail
- Source: STWMLS
- MLS ID: 1403580
- Updated: 1/20/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Food & Beverage, Fast Food, Mixed, Real Es
Interior
- Furnishings: Unfurnished
Additional Information
- Tennis: Yes
- Security/Safety: Fire Alarm
Parking
- Total Spaces: 18
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Heating Type: Central, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Structure Type: Multi Family
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: Partial
- Stories/Levels: 3
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.455
- Lot Size (Sq. Ft.): 19,828
- Lot Size: 19828
- Potential Use: Investment, Multi-Family, Mixed Use, Residential, Retail, See Remarks
Financial Considerations
- Tax Amount: $23,238.68
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1039DOUGLASAVPROV
- Lot Number: 1
Listed by Compass
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Schools
Schools serving 1039 Douglas Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Veazie Street School 211 Veazie Street, Providence, RI 02904 | K-5 | 0.5 mi |
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908 | K-5 | 0.8 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1.4 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.2 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.5 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 2.6 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.3 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 2.4 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1039 Douglas Ave
Date
Details
Price
Change
Source
1/20/2026
Listed
$995,000
—
MLS
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 1039 Douglas Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,430
100%
$645,900
60%
2023
-100%
$402,700
—
2022
$14,256
3%
$402,700
7%
2021
$13,862
—
$377,700
—
2019
$13,862
100%
$377,700
8%
2018
100%
$349,500
—
2017
100%
$349,500
—
2016
100%
$349,500
9%
2015
100%
$319,300
—
2014
-100%
$319,300
—
2008
$9,951
—
$319,300
—
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 1039 Douglas Ave
1039 Douglas Avenue, Providence, RI 02904 (MLS# 1403580) is a Retail property. 1039 Douglas Avenue is currently listed for $995,000 and was received on January 20, 2026. Want to learn more about 1039 Douglas Avenue? Do you have questions about finding other Retail real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

