196 Pocasset Avenue Providence

$799,000
3,063 sq ft

The Property

Exceptional opportunity in Providence’s vibrant Silver Lake—business and property included! This mixed-use commercial building offers three, featuring a thriving meat market/convenience store and two residential apartments, all in a high-visibility location with heavy foot and vehicle traffic. With strong rental demand and long-term growth potential, this turnkey package is ideal for both seasoned investors and first-time commercial buyers. The sale includes the fully equipped business for a seamless transition, allowing you to step right in and continue operations while enjoying steady rental income from the residential units—an outstanding chance to expand your portfolio in one of the city’s most active corridors.

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Listing Details

MLS Number

1394317

Lot Size:

0.07 acres

Features

  • Basement: Partial
  • Bus
  • Highway Access
  • Hospital
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Laundry
  • Free Standing
  • Urban
  • Year Built: 1900

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Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today72-89.7% decrease in inventory
    New on Market *8-66.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$43.55$46,128 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$981,667$248,167 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.28%-3.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$202.16$45 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *576460 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 Bhhs Commonwealth Real Estate

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