# 735 Allens Avenue, Providence, RI 02905

> **TL;DR:** commercial, $3,950,000, built 1947.
> A/C. Est. $17,117/mo. Listed 95 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,950,000 |
| Year Built | 1947 |
| Lot Size | 134,600 sqft (3.09 acres) |
| Stories | 3 |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 95 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17,117 |
| **Total** | **$17,117** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1947
- 3.09 acre lot
- 3 stories
- 90 parking spaces

## Description

### Agent 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

- **Address:** 735 Allens Avenue, Providence, RI 02905
- **County:** Providence
- **Coordinates:** 41.792895, -71.398706
- **Google Maps:** https://www.google.com/maps?q=41.792895,-71.398706

## Listing Agent

- **Name:** Jonathan Kaufman
- **Brokerage:** Compass
- **Phone:** (617) 206-3333
- **Email:** jonathan.kaufman@compass.com

## Primary Photo

![735 Allens Avenue - Primary Photo](http://lh.rdcpix.com/cd40a3cc00b0c858bf59b2a8f06d4273l-f174995246r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/735-allens-avenue-providence-ri-02905-1402530)*

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**MLS#:** 1402530 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/735-allens-avenue-providence-ri-02905-1402530)

---

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