333 Westminster Street, Providence, RI 02903
sale
$1,200,000
|
Office
Courtesy Of Paramount Prop.Group, Inc.
Imagine transforming this historic building into some of the most striking residential condominiums in Downtown Providence. With soaring floor-to-ceiling windows, exposed brick, and the character of a 1900 loft-style structure, the property offers a rare canvas for luxury redevelopment right in the center of the city's most walkable corridor. Each existing full floor is 3,300 sq ft, presenting tremendous versatility. Developers could create three expansive luxury residences, each offering over 3,200 sq. ft. of dramatic open living space, perfect for buyers seeking penthouse-style living with unmatched natural light and panoramic urban views. Alternatively, the building's width and column spacing allow for seamless subdivision into six beautifully proportioned 1,600 sq ft units, ideal for boutique urban living, or high-demand rental inventory. The building's zoning D-1-120 already allows residential use, making this a turnkey opportunity for repositioning. With the city's surge in downtown population, demand for high-end, character-rich residences far exceeds supply. Westminster Street, surrounded by restaurants, galleries, universities, and new development-has become the epicenter of Providence's urban revival. Elevator access, heavy power, sprinkler systems, and full-floor control support a smooth residential conversion. In short: the floorplan is perfect, the location is unbeatable, and the market is ready for a boutique luxury residential project with true wow-factor.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Natural Gas
- MLSID: 1401557
- Rooms: Basement
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