For Sale
$415,000

124 Providence StWoonsocket, RI 02895

Three-unit property, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Woonsocket, Rhode Island, presents a unique investment opportunity. Located at 124 Providence Street, this 8,712 square foot lot features two buildings totaling three units. The first building is a two-family home, offering two separate apartments ideal for multi-generational living or rental income. One apartment is a three-bedroom townhouse-style unit on the second floor, while the other is located on the first floor. Adjacent to the residential building is a well-established diner, currently leased and generating rental income. This diner, a local favorite, serves breakfast and lunch. The property boasts ample parking for tenants and residents. Built in 1900, this three-story property offers a blend of residential comfort and commercial potential. The property is zoned for commercial, restaurant, bar, and residential use, providing flexibility for future development or continued operation as a mixed-use property. This is an excellent opportunity to acquire a multi-family property with existing commercial income in a desirable Rhode Island location. The property is situated in Providence County, zip code 02895. This multifaceted investment offers a compelling combination of residential living and established commercial income.

Highlights

  • $415,000 asking price for a mixed-use property.
  • 8,712 sq ft lot in Woonsocket, RI.
  • Three units: two residential apartments and one commercial space (currently a diner).
  • Two buildings on a 8,712 sq ft lot.
  • Three-story building, built in 1900.

Property Details for 124 Providence St

Property type
Retail properties, Bars
Year Built
1900
Buildings
2
Stories
3
Units
3

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
41.9948542
Longitude
-71.5216396
124 Providence St, Woonsocket, Rhode Island

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124 Providence St
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