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657 Harris Ave
Providence, RI 02909 Olneyville

$1,500,000 USD

Land For Sale  •  0.25 AC

Property Details

  • Property Type Land
  • Lot Size 0.25 AC
  • Zoning M-MU-7
40 Transit Score
60 Walk Score

Description

Harris Avenue Development Site – Mixed-Use Development, Commercial & Owner-User Opportunity | Providence, RI (Opportunity Zone)

13 Delaine Street & 657 Harris Avenue present a rare mixed-use development, commercial, and owner-user opportunity located within Providence’s rapidly evolving West Side growth corridor. The assembled contiguous parcels are situated within a designated Opportunity Zone and zoned M-MU-75 (Mixed-Use / 75-Foot Height District), allowing for a broad range of residential, commercial, industrial, and mixed-use applications.

While previously conceptualized as an approximately ±50-unit multifamily development, the property’s flexible zoning and strategic location also make it highly attractive for a variety of owner-user and commercial uses including retail, bank branch, cannabis dispensary (subject to licensing), automotive service, contractor yard, warehouse, showroom, office, light industrial, mixed-use retail/residential, or long-term hold investment.

The property benefits from strong transit connectivity and proximity to major neighborhood amenities including Gotham Greens, Farm Fresh RI, the Toby Street Pedestrian Bridge, and the Westminster, Broadway, and Atwells Avenue commercial corridors. Downtown Providence, the Jewelry District, and the Providence Train Station are all within minutes, with exceptional regional access via Interstate 95, Route 10, and Route 6.

Due diligence is substantially complete, including Phase I Environmental, zoning confirmation, utilities available in street, and preliminary massing studies. Whether repositioned for commercial use, held as an investment, occupied by an owner-user, or redeveloped into a larger mixed-use project, the property offers multiple paths for long-term value creation in one of Providence’s emerging growth corridors.

Offering Highlights

* Opportunity Zone mixed-use and commercial opportunity
* Zoned M-MU-75 allowing broad residential and commercial uses
* Previously conceptualized for approximately ±50 residential units
* Potential uses include multifamily, retail, cannabis, automotive, warehouse, contractor yard, office, bank branch, and mixed-use development
* Strong urban infill location with excellent regional highway access
* Near Gotham Greens, Farm Fresh RI, Broadway, Westminster, and Atwells corridors
* Utilities available in street
* Multiple redevelopment, owner-user, and investment strategies

Highlights

Qualified Opportunity Zone
MU-75 Zoning
Multiple Lots
Combined lot size 10,000 square feet
Clean Phase 1 Environmental

Public Transportation

Commuter RailDriveWalkDistance
Providence (Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min - 2.0 mi
Pawtucket/Central Falls (Foxboro Event Service - MBTA, Providence/Stoughton Line - MBTA) 11 min - 5.8 mi
AirportDriveWalkDistance
Rhode Island Tf Green International 18 min - 9.4 mi
Richard Oliveira 401-830-3262 Future Properties
Richard Oliveira 401-830-3262 Future Properties