129 Alger Ave Providence, RI 02907

Prime vacant M-1 zoned development parcel offered at $260,000 exceptional opportunity for builders and portfolio investors. Located in a stable commercial/industrial corridor with excellent street access and utility proximity, this lot is ideally suited for light industrial, flex-commercial, or adaptive reuse projects. The parcel can be sold together with adjacent lots (seller willing to consider assemblage), creating a larger development footprint for multi-unit rental or mixed-use industrial/residential conversions (subject to approvals). This property represents a rare, affordably priced entry into the market for developers who want to scale quickly by combining this site with neighboring parcels. Preliminary site review suggests strong potential for efficient site plan options due to straightforward topography and good curb frontage. Buyer should conduct due diligence, including zoning verification, environmental/site assessments, and utility capacity review.