1058 Charles Street North Providence

$1,600,000
7,593 sq ft

The Property

Exceptional mixed use investment opportunity in a highly visible, high traffic location at the corner of Charles Street and Mineral Spring Avenue. This unique offering consists of five separate lots (Assessor’s Plat 2/Lot Nos. 247, 249, 250, 262, and 264), providing exceptional flexibility and future development potential.

The property includes a fully built out restaurant featuring a full commercial kitchen, all equipment necessary for operation, and a brand new keg system, making it ideal for an owner operator or investor.

Also included is a retail storefront, two residential units that provide additional income potential, and two lots located across the street that are currently utilized for parking.

The building offers a full basement for storage and operational use. With excellent visibility, strong traffic counts, and multiple income streams, this property presents unlimited possibilities for investors, business owners, or developers. The property may be purchased as a complete package or with/without lots 247/264. Please refer to the separate MLS 1417428 listing for the lots only.

Whether you are looking to expand your investment portfolio, establish your own business, or explore redevelopment opportunities, this is a rare offering in one of the area’s most high traffic commercial corridors. Buyer to do their own due diligence.

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Listing Details

MLS Number

1417424

Lot Size:

0.69 acres

Features

  • Basement: Full
  • Restrooms
  • Security
  • Sprinklers
  • Bus
  • Commuter Bus
  • Highway Access
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Central Air, Forced Air
  • Heating Fuel: Central Air, Forced Air
  • Sidewalks
  • Free Standing
  • Year Built: 1946

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Market Trends for Commercial/Business,Commercial Sale
in North Providence

  • Overview
    Homes for Sale Today9100% increase in inventory
    New on Market *350% increase in new listings
    Avg. Asking Price/Sq.Ft. *$127.33$83 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$295,000$75,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *77.65%-22.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$74 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *286288 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Broadway Real Estate Group
Phone: 401-354-7969

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