544 Douglas Ave Providence, RI $ 749,900
544 Douglas Ave
$ 749,900
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544 Douglas Ave

Providence, RI, 02908
$ 749,900
Bedrooms-- Baths-- Sq 7,936

Monthly Estimate*

$ 4,617

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Commercial Property for sale in Providence, RI

for $749,900. This 7,936 square foot building was built in 1930 on a lot size of 0.22.

Exceptional development opportunity on Douglas Ave with significant income potential, consisting of two buildings in a prime Providence location, just steps from Providence College. This property is currently used as professional offices, previously used as apartments. Best use of the property would be a residential apartment conversion, consisting of 7-9 units. The zoning is C2 and offers excellent flexibility for other uses, such as condo conversion or mixed use. Rents in the area are very strong, making a return to residences here a lucrative possibility. Both buildings have updated fire systems, including sprinkler system and fire alarm panels. On-site paved lot for approximately 12 vehicles adds significant value as parking in the area is difficult to find. Located near downtown Providence, I-95, and Smith Hill amenities, this property offers strong long-term potential in a high-demand corridor. (Floor Plans available upon request)

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Commercial Active

Price

$ 749,900

Property Type

Commercial

Taxes

$ 20,688

Style

Commercial

Lot Size

0.22

Year Built

1930

Town/City

Providence

County/Region

Providence

MLS | Web ID

73476297

List By
Pete Dufresne

Listing Agent

Keller Williams Realty Leading Edge

Broker

Affordability Calculator

$6,341
Per Month
73%
27%
0%
Monthly Principal & Interest
$4,617
Monthly Property Taxes
$1,724
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
2/11/2026$749,900 Listed Price

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544 Douglas Ave, Providence, RI, 02908 is a Commercial Property for sale at $749,900 with 7,936 sqft and a lot size of 0.22. 544 Douglas Ave was built in 1930. The property's zip code is 02908 which is in Providence, RI