532 Charles Street, Providence, RI 02904

Property Description

BACK ON MARKET DUE TO BUYER LOAN DENIAL. This 4,000 SF lot is ideally located in a desirable C2 zoning district on highly visible Charles Street, offering exceptional flexibility and strong long-term potential. The property is being offered with plans for a striking 4-story, 9-unit residential building designed by a well-known, highly awarded local architect. The proposed design features a modern aesthetic, thoughtfully planned residential units, and ground-floor parking spaces to meet today's market demands. Positioned just steps from public transportation and directly behind Hopkins Junior High School near the intersection of Charles St and Branch Ave, this location supports consistent rental demand and strong visibility. The surrounding area is a vibrant mix of residential and commercial uses, making it well-suited for both investors and developers seeking a high-impact project. 532 Charles St is being offered 2 ways: as a stand alone purchase at the ask price or as a package with the adjacent 6-family property at 528 Charles St, see MLS #1404796, for a total price of $1,100,000 - creating a rare opportunity to secure both immediate cash flow and future development potential. Should the buyer of 528 Charles St choose not to purchase the lot, 532 Charles St will then be made available as a stand-alone offering. Don't miss this chance to bring a premier mixed-use or residential project to life in one of Providence's most visible and accessible corridors.