Homes for sale - 735 Allens AVE, Providence, RI 02905

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HomeSmart Professionals Real Estate

broker@therhodehome.com +1(401) 921-5011

$ 3,950,000

Est. payment | -/mo

3.09 Acres Lot

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$ 3,950,000

Est. payment | -/mo

Save Virtual Tour

3.09 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1402530

HOA Y/N No

Year Built 1947

Annual Tax Amount $108,206

Tax Year 2025

Lot Size 3.090 Acres

Acres 3.09

Property Sub-Type Commercial

Property Description

3.09 Acres - Full City Block Development Opportunity - Frontage on Allens, Virginia, Chapman, and Toronto Avenues with potential for significant subdivision. Originally home to Armbrust International (est. 1929), these buildings reflect over a century of craftsmanship in Providence, once America's Jewelry Capital. Constructed in 1947 and remodeled in 1968, the property blends classic mid-century design with upgraded infrastructure and expanded capacity. Totaling 100,000+ sq ft, the well-maintained buildings feature major updates including heating, HVAC, and roof. Flexible layouts, proven construction, and thoughtful improvements provide both character and long-term investment strength. Potential uses include apartments, life sciences, manufacturing, industrial, office/medical, education, or mixed-use redevelopment. Located in a designated Opportunity Zone, investors may qualify for significant tax benefits including deferred and reduced capital gains taxes and potential full exclusion on appreciation after 10 years. Also available for lease.

Location

State RI

County Providence

Zoning M1

Interior

Heating Baseboard

Cooling Central Air

Furnishings Unfurnished

Exterior

Fence Fenced

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 90

Building

Building Description Masonry, Elevator(s),Public Restrooms

Story 3

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Level or Stories 3

Structure Type Masonry

New Construction No

Others

Tax ID 735ALLENSAVPROV

Security Features Security System,Fire Alarm,Security Gate,Secured Garage/Parking,24 Hour Security,Security Fence,Security Guard,Building Security,Fire Sprinkler System,Security Service

Virtual Tour https://tour.RiLiving.com/735-Allens-Avenue-Providence-RI-02905

Listed by Compass

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

7

Edward S. Rhodes School

Public | KG - 6
6

Holliman Elementary School

Public | KG - 6
6

Wyman Elementary School

Public | KG - 6
6

Kent Heights School

Public | KG - 5
5

Daniel D. Waterman School

Public | KG - 6
5

W. R. Dutemple School

Public | KG - 6
5

Leviton Dual Language School

Public | KG - 5
5

Reservoir Avenue School

Public | KG - 5
5

Paul Cuffee Charter School

Public | KG - 12
5

Norwood Elementary School

Public | KG - 6
5

Chester W. Barrows School

Public | KG - 5
5

Edgewood Highland

Public | KG - 6
5

Silver Spring School

Public | KG - 5
4

Harry Kizirian Elementary School

Public | KG - 5
4

Lillian Feinstein Elementary School

Public | KG - 5
4

Highlander Charter

Public | PK - 9
4

Alan Shawn Feinstein Elementary School

Public | KG - 5
4

Vartan Gregorian Elementary School

Public | PK - 5
4

Whiteknact School

Public | KG - 5
3

Alfred Lima, Sr. Elementary School

Public | 2 - 5

Middle Schools 10

4

Nathanael Greene Middle School

Public | 6 - 8
4

Park View Middle School

Public | 7 - 8
4

Aldrich Junior High School

Public | 7 - 8
4

Edward R. Martin Middle School

Public | 6 - 8
2

Trinity Academy Performing Art

Public | 7 - 10
1

Gilbert Stuart Middle School

Public | 6 - 8
1

Roger Williams Middle School

Public | 6 - 8
0

Valley Community School

Private | 6 - 12
0

Urban Collaborative Program

Public | 7 - 9
0

Providence Country Day School

Private | 6 - 12

High Schools 16

9

Classical High School

Public | 9 - 12
5

Cranston High School East

Public | 9 - 12
4

W B Cooley & Academy Internationa

Public | 9 - 12
4

East Providence High School

Public | 9 - 12
2

Providence Career Technical

Public | 9 - 12
2

Central High School

Public | 9 - 12
1

Dr. Jorge Alvarez High School

Public | 9 - 12
1

Metropolitan Career Tech Center

Public | 9 - 12
0

Sheila Skip Nowell Leadership

Public | 9 - 12
0

Academy for Career Exploration

Public | 9 - 12
0

St Patrick Academy

Private | 9 - 12
0

Rini Middle College

Public | 10 - 12
0

Village Green Virtual

Public | 9 - 10
0

Hope High School

Public | 9 - 12
0

School One

Private | 9 - 12
0

East Providence Career Tech

Public | 9 - 12

School and business data provided by Attom Data.

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100 Quaker Lane, Warwick, RI, 02886

735 Allens AVE Providence, RI 02905