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$ 329,000
Est. payment | /mo
1,278 SqFt
$ 329,000
Est. payment | /mo
1,278 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,278 sqft
Price per Sqft $257
MLS Listing ID 73512345
HOA Fees $719
HOA Y/N true
Year Built 1828
Annual Tax Amount $2,560
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Description
Capture a strategic foothold in The Arcade Providence—America's first indoor shopping mall—just 50 miles from Boston. This 1,278 SF combined commercial condo (including 412 SF semi-finished lower-level storage) offers a turnkey opportunity with over $180,000 in recent upgrades. Currently built out for fast-casual use, the space easily adapts to boutique retail, hospitality, restaurant, or experiential concepts.Positioned in the core of Downtown Providence's financial district, the asset benefits from built-in residential density above, consistent commuter flow, and walkable urban foot traffic. For Boston and regional investors, this is a cost-effective expansion play into a high-barrier, supply-constrained historic asset.Momentum is building following the $133M acquisition of Providence Place, signaling renewed confidence in the market. Ideal for operators and brands looking to establish presence ahead of the next retail cycle. The Arcade contains 48 residential & 17 Commercial units.
Location
State RI
County Providence
Zoning D1
Direction I-95 S to The Arcade Providence, Exit 22 (Downtown)
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by BOND BROKERAGE