464 Silver Spring Providence, RI 02904
Commercial-Other
MLS #: 1380396
Listed By CENTURY 21 The Seyboth Team
Property InformationDescription
Located at 464 Silver Spring Street in the heart of Providence, RI, this property offers a remarkable 16,000 square foot lot with commercial (C3) zoning, providing exceptional development potential. Positioned in a prime area, the location allows for the best use of 40+ units across the entire lot, making it an ideal opportunity for residential or mixed-use development. The existing church building, which is fully operational, sits along Silver Spring Street, while the parking lot is accessible from Swift Street. The expansive parking area presents opportunities for future growth, including the potential for subdivision or redevelopment. Currently, the church houses multiple congregations that provide a steady rental income stream, while also maintaining its taxexempt status as a place of worship. This property combines an active, income-generating facility with outstanding development potential in a highly desirable location, perfect for maximizing its future value.
Features
- Age: 1-5 Years Old
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 16117 Sq. Ft.
- MLSID: 1380396
- Parking Places: 50
- Price Per Area: 0.00
- Price Upon Request: N
- Sewer: City
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $2024.00
