Flex Industrial with Rail/Airport/Port Access 204 Kinsley Ave 15 705 m² Inoccupé Industriel/Logistique Vente aux enchères en ligne Providence, RI 02903

Pursue a flexible industrial acquisition that delivers an immediate lease upside and long-term redevelopment potential at the heart of Providence, Rhode Island, at 204 Kinsley Avenue.
Formerly the home of the Providence Journal, the property is currently vacant, providing an ideal solution for end-users in a wide range of industrial fields. Versatile M-1 Light Industrial zoning permits future repositioning as a sports facility, a bar, a broadcasting studio, a storage yard, a day care facility, EV charging stations, a freight terminal, government offices, a healthcare facility, and many other industrial and warehouse uses, presenting an additional carried land for developers.

204 Kinsley Avenue sits on 10.99 acres across three lots, improved by two buildings with a combined footprint of 169,052 square feet. The larger 134,233-square-foot facility was constructed in 1989, while the smaller 34,819-square-foot building is a circa-1930s former dairy plant now used for distribution. Approximately 20,000 square feet in the larger building is built-out as dedicated office space, supporting operational efficiency. The combined site boasts professional landscaping, abundant surface parking for 160 vehicles, and three sides of frontage with two direct access points for commuter convenience. Loading at the buildings is supported by eight dock-high doors with levelers, a grade-level drive-in door, three rail spurs, a truck well with space for four trucks, and dedicated trailer parking spaces.

Poised directly off the interchange of Interstate 95 and US 6 in Providence’s Smith Hill neighborhood, 204 Kinsley Avenue benefits from an easily accessible location that simplifies both commuting and logistics. The neighborhood directly borders downtown to the south, providing access to a wealth of upscale shopping and dining, as well as the vibrant Providence Place Shopping Mall. The surrounding area is home to government offices, including the Rhode Island State House, and large industrial tenants such as Coca-Cola Co., GoPuff, Gotham Greens, and North American Crane & Rigging. In addition to the area’s highway network, logistics companies can lean on robust infrastructure within 15 minutes of the property, including the T.F. Green International Airport and Providence Port, New England’s second-largest deepwater port that ensures easy access to national and global markets.

Providence's desirability as an industrial hub city has driven strong performance in the local industrial submarket in recent years. Currently, vacancies have shrunk to just 4.4%, while rents have posted 3.4% year-over-year growth, outpacing the greater metro average. This presents a prime setting for investors seeking to capture rising rents amid the growing demand for quality industrial space.

Industrial businesses at 204 Kinsley Avenue will benefit from a sizable skilled workforce in the region, with daytime employment of more than 242,000 within 3 miles of the property. With over 18% of the local workforce employed in trade, transportation, utilities, and manufacturing segments, users can leverage a robust talent pipeline that creates an environment of effortless growth and success.

Learn more about how 204 Kinsley Avenue separates itself from the competition with well-maintained industrial features, a spacious lot with flexible zoning, and immediate access to major highways and vital logistics infrastructure. Tours are by appointment only. Please contact the BellCornerstone team to schedule a tour and learn more about this unique opportunity.