NE Provenance

1 Butler Ave

Providence, RI 02903

Commercial
Owner
WSL...
Owner Type
LLC
Tenure
5 yrs
Assessed
$11,990,500
Built
2000
Sq Ft
305,225
Lot
6.48 ac
Bed/Bath
—
Type
Commercial
Elevated Risks21ConditionC1Fire GradeBPermits9Last PermitApr 2025FloodVESurgeCat 3

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1 Butler Ave, Providence, RI 02903— Property Report

Building& Property Details

1 Butler Ave is a Commercial built in 2000 located in Providence, Providence County, RI. The building has 305,225 square feet of building area on a 6.48-acre lot.

Flood Zone & Natural Hazard Assessment

1 Butler Ave is in FEMA flood zone VE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 3 hurricane storm surge inundation zone based on NOAA SLOSH modeling. This property is at risk of inundation under a 1-foot sea level rise scenario. The FEMA National Risk Index composite rating for this area is Very Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 30 psf. The EPA radon zone is 2.

Fire Protection

NE Provenance rates the fire protection for 1 Butler Ave at Grade B (Strong fire protection access). The nearest fire station, 155 HUMBOLDT AV, is 0.5 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 9 building permits on file for 1 Butler Ave. The most recent permit was filed April 1, 2025. In the past five years, 3 permits have been issued. The current municipal assessment is $11,990,500, with $2,777,500 attributed to land and $9,213,000 to improvements. The property last sold on January 29, 2021 for $15,000,000.

Environmental & Land Use

1 Butler Ave is classified as a waterfront property.

ProvidenceNeighborhood & Community

1 Butler Ave is located in Providence, Providence County, RI. The property is zoned W-2 (Mixed Use Waterfront District). The median home value in this census tract is $602,600. Median household income is $83,102. The owner-occupancy rate in the surrounding area is 41%. The property is served by the Providence school district.

Full Property Intelligence Report

The complete NE Provenance report for 1 Butler Ave, Providence, RI includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.