For Sale
$799,900

153 Messer StProvidence, RI 02909

Grocery Store & Apartment - $799,900

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property at 153 Messer Street in Providence, Rhode Island, presents a unique investment opportunity. The 2,664 square foot lot houses a charming building constructed in 1920, featuring a ground floor commercial space and a second-floor residential apartment. Currently operating as a grocery store, the first floor commercial space includes all existing inventory in the sale. The second-floor apartment offers three bedrooms, a full bath, a kitchen, and a living area. A partially finished basement adds further potential for expansion or storage. This property benefits from a convenient location near major roadways, schools, and other amenities. The building is readily accessible for showings. The asking price for this turnkey operation is $799,900. This is a rare chance to acquire a well-established business with significant upside potential, combined with a rental income stream from the residential unit. The property's blend of commercial and residential use makes it an attractive investment for both seasoned and new investors seeking a strong return on investment in a thriving Rhode Island market. The inclusion of all existing inventory in the sale provides an immediate revenue stream for the new owner. Don't miss this opportunity to own a piece of Providence's vibrant commercial landscape.

Highlights

  • $799,900 asking price.
  • Mixed-use property with retail storefront and residential apartment.
  • Two units: one commercial (currently a grocery store, including inventory), one residential (3-bedroom apartment).
  • 2,664 square foot lot.
  • 1920 construction, one building.
  • Partially finished basement.

Property Details for 153 Messer St

Property type
Retail properties, Mixed-use properties
Year Built
1920
Buildings
1
Units
2

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.811233
Longitude
-71.4356646
153 Messer St, Providence, Rhode Island

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153 Messer St
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