227 Thayer Street Providence

$79,900
12,197 sq ft

The Property

Prime Business Opportunity on Iconic Thayer Street – Heart of Providence’s East Side!

Location, Location, Location!

Nestled in the bustling heart of Thayer Street—Providence’s most vibrant and high-traffic corridor—this is your chance to own a thriving business in one of the city’s most coveted locations. Situated directly adjacent to the Brown University campus and just steps from RISD, this established business enjoys a built-in, loyal customer base of students, faculty, locals, and tourists alike.

Highlights:

Turnkey Operation: This well-established business is fully operational —walk in and start earning.

Unbeatable Foot Traffic: With thousands of pedestrians passing by daily, Thayer Street offers unmatched exposure.

Charming East Side Vibes: Surrounded by historic architecture, trendy boutiques, cafés, and cultural landmarks, the location is both upscale and energetic.

Whether you’re an investor, entrepreneur, or established operator looking to expand, this is a rare opportunity to stake your claim in one of Providence’s most dynamic business districts. Don’t miss your chance to be a part of the energy and success of Thayer Street.

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Listing Details

MLS Number

1382300

Lot Size:

0.28 acres

Features

  • Basement: Full
  • Strip Store
  • Urban
  • Year Built: 1976

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today74-89.5% decrease in inventory
    New on Market *10-47.4% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$75.17$58,670 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$485,000$471,250 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.19%3.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$180.97$24 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *48460 decrease 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 Westcott Properties

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