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$795,000
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Property Description
Investors Take Notice! Rare opportunity to own two adjacent office buildings on Douglas Avenue in the heart of Providence, just around the corner from Providence College. This property offers flexibility for a wide range of uses maintain as professional office space, convert to multifamily housing, develop into condos, or rebuild for a larger residential/mixed-use project. Two buildings on one lot currently used as professional office space. Updated to current fire codes fire alarm box & full sprinkler system, HVAC systems, are already in each building. Paved parking for 12 vehicles a major plus in this area. Prime redevelopment potential area is growing, desirable, and in demand for student, faculty, and workforce housing Location! Steps from Providence College, with easy access to downtown Providence, I-95, and Smith Hill amenities Investment Opportunity Whether you are an investor seeking strong redevelopment upside, or an owner-user looking for a prime office location with parking, this property delivers. With demand for apartments and condos surging in the neighborhood, the potential to reposition this asset into residential use is clear.
Full Property Details
Full Property Details for 544 Douglas Ave
General
- Price: $795,000
- Taxes: $20,688 (2025)
- Status: Active
- Type: Office
- Source: STWMLS
- MLS ID: 1396886
- Updated: 12/2/2025
- Added to Site: 106 day(s) ago
Business
- Business Type: Administrative and Support, Professional/Office
Parking
- Total Spaces: 12
Location
- County: Providence
Utilities
- Sewer: Public Sewer
Structural Information
- # Buildings: 2
- Structure Type: Office
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Year Built: 1930
Lot Features
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 9583
Financial Considerations
- Tax Amount: $20,688
- Tax Year: 2025
Disclosures and Reports
- Property ID: 544DOUGLASAVPROV
- Lot Number: 106
Listed by Rob Levine Realty LLC
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Schools
Schools serving 544 Douglas Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Veazie Street School 211 Veazie Street, Providence, RI 02904 | K-5 | 0.5 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 0.5 mi |
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908 | K-5 | 0.8 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.5 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 0.7 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.8 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 | 1.5 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2 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 544 Douglas Ave
Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$795,000
-6.47%
MLS
10/03/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 544 Douglas Ave
544 Douglas Avenue, Providence, RI 02908 (MLS# 1396886) is a Office property. 544 Douglas Avenue is currently listed for $795,000 and was received on October 03, 2025. Want to learn more about 544 Douglas Avenue? Do you have questions about finding other Office real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

