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Overview

  • Updated On:
  • October 26, 2025
  • 0 ac
  • Property Lot Size

125 Alger Avenue, Providence, Land

$ 260,000
125 Alger Avenue, Providence

Description

Prime vacant M-1 zoned development parcel offered at $260,000 — exceptional opportunity for builders and portfolio investors. Located in a stable commercial/industrial corridor with excellent street access and utility proximity, this lot is ideally suited for light industrial, flex-commercial, or adaptive reuse projects. The parcel can be sold together with adjacent lots (seller willing to consider assemblage), creating a larger development footprint for multi-unit rental or mixed-use industrial/residential conversions (subject to approvals). This property represents a rare, affordably priced entry into the market for developers who want to scale quickly by combining this site with neighboring parcels. Preliminary site review suggests strong potential for efficient site plan options due to straightforward topography and good curb frontage. Buyer should conduct due diligence, including zoning verification, environmental/site assessments, and utility capacity review.

Property Id: 826754
Price: $ 260,000
Property Lot Size: 0 ac
Number Of Lots: 1
MLS Listing #: 1397875
Living Area Units: Square Feet
Lot Features: Downtown, Suburban, Urban
Lot Size SQFT: 3920
MLS Status: Active
State: RI
Street Name: Alger
Street Number: 125
StreetNumberNumeric: 125
Street Suffix: Avenue
Structure Type: Total Residential Development
Annual Taxes: 634
Topography: Level
Utilities: None, Electricity Available, Natural Gas Available, Muncipal Water, Sewer Available
Water Source: Available
Zoning Description: Residential

Address: 125 Alger Avenue
State/County:
Zip: 02907
Country: US

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$ 1,538.83
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,213.83

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