617-279-4568
21 Peace St, Providence, RI for Sale
Medical - FOR SALE
1/20
null | Request Cap Rate

21 Peace St
Providence, RI 02907


HIGHLIGHTS

  • Redevelopment opportunity in one of the most dynamic markets in Northeast. Currently built-out as hospital with multifamily development potential.
  • Fantastic transit access, located less than 2 miles away from Providence Station, providing convenient access to RI, MA, and NY.
  • Favorable zoning allows for by-right multifamily, educational, healthcare, office, medical, and research uses.
  • Providence serves as home to a significant medical-academic cluster highlighted by Brown University, Hasbro Children’s Hospital, and others.
  • Magnet for a diverse group of biotechnology, pharmaceutical and medical device companies Beech Tree Labs, EpiVax, Nabsys, and Johnson & Johnson.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Hospital | Redevelopment Potential

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

C

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

3.3 AC

LAND SF

143,748 SF

ZONING

C-2

APN/PARCEL ID

PROV-440135-000000-000000,PROV-440205-000000-000000,PROV-440258-000000-000000,PROV-440259-000000-000000,PROV-440711-000000-000000,PROV-440719-000000-000000

ASK ABOUT THIS PROPERTY

John FlahertyCushman & WakefieldMore Info
617-279-4568

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John FlahertyCushman & WakefieldMore Info
617-279-4568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.