Date
Details
Price
Change
Source
4/03/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare commercial opportunity in Providence, RI! Located at 550 Prairie Ave, this unique multi-lot, flex-use property is ideal for business owners and investors. The property sits on three separate lots totaling over 17,000 square feet an extremely rare find in this area. The existing commercial building is ready for immediate use, with high visibility and strong traffic exposure. Plus, the lot can accommodate 50 to 75 vehicles perfect for auto sales, contractors, or fleet operations. Conveniently located minutes from I-95 and downtown Providence, this space offers land, functionality, and location in one. Owner financing possibilities and lease options starting at $4,000/month available. Don't miss this exceptional investment or owner-user opportunity!
Full Property Details
Full Property Details for 550 Prairie Ave
General
- Price: $899,000
- Taxes: $1 (2026)
- Status: Active
- Type: Commercial Service
- Source: STWMLS
- MLS ID: 1409120
- Updated: Today (4/3/2026)
- Added to Site: Today
Business
- Business Type: Auto Body, Auto Dealer, Auto Rent/Lease, Auto Parts, A
Additional Information
- Security/Safety: Security Fence
Parking
- Garage: Yes
- Total Spaces: 75
Location
- County: Providence
- Subdivision: Elmwood/South Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 1
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Basement Desc.: None
- Stories/Levels: 1
- Building Size: 2350
- Finished Total: 2,350 Sq. Ft.
- Finished Above Grnd: 2,350 Sq. Ft.
- Year Built: 1950
- Other Struct. Feat.: Public Restrooms
Lot Features
- Lot Size (Sq. Ft.): 18,000
- Lot Size: 18000
- Sidewalks: Yes
- Potential Use: Commercial, Development, Vacant
Financial Considerations
- Tax Amount: $1
- Tax Year: 2026
- Terms: Lease, Lease Option, Owner May Carry
Disclosures and Reports
- Property ID: 550PRAIRIEAVPROV
- Lot Number: 930
Listed by Innovations Realty
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Listing agents
— 550 Prairie Ave —
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Schools
Schools serving 550 Prairie Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Charlotte Woods Elementary School 674 Prairie Avenue, Providence, RI 02905 | K-5 | 0.2 mi |
Robert L Bailey IV, Elementary School 65 Gordon Avenue, Providence, RI 02905 | K-5 | 0.3 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 0.3 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 0.1 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 0.9 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 2.6 mi |
W B Cooley & Academy Internationa 182 Thurbers Avenue, Providence, RI 02905 | 9-12 | 0.2 mi |
Dr. Jorge Alvarez High School 375 Adelaide Avenue, Providence, RI 02907 | 9-12 | 1 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Prairie Ave
Tax History
Tax History for 550 Prairie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,536
62%
$497,800
94%
2024
$8,996
—
$256,300
—
2023
$8,996
-1%
$256,300
—
2022
$9,073
11%
$256,300
15%
2021
$8,166
—
$222,500
—
2020
$8,166
—
$222,500
—
2019
$8,166
6%
$222,500
6%
2018
$7,685
—
$209,400
—
2017
$7,685
—
$209,400
—
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 550 Prairie Ave
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,488Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,057Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,582Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,044Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,200Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,400Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
- 2,980Sq. Ft.
- Condo
- Active
- Updated 4 hours ago
- 2Beds
- 2Total Baths
- 1,212Sq. Ft.
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550 Prairie Avenue, Providence, RI 02905 (MLS# 1409120) is a Commercial Service property. 550 Prairie Avenue is currently listed for $899,000 and was received on April 03, 2026. Want to learn more about 550 Prairie Avenue? Do you have questions about finding other Commercial Service real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.