464 Silver Spring ST Active Save Request In-Person Tour Request Virtual Tour
Providence,RI 02904
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,652 sqft
Price per Sqft $212
MLS Listing ID 1380223
Year Built 1950
Tax Year 2024
Lot Size 0.370 Acres
Property Sub-Type Commercial
Property Description
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 tax-exempt 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.
Location
State RI
County Providence
Zoning C3
Interior
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Sewer Connected
Building
Sewer Connected
Water Connected
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/464-Silver-Spring-Street-Providence-RI-02904--1380223