55 Union Street, Unit#c002 Providence

$550,000

The Property

Take advantage of this outstanding opportunity to own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike.

The versatile layout makes this space ideal for a bar, restaurant, café, or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting.

Property Highlights:

* Prime downtown Providence location

* Walking distance to Providence Place Mall and City Hall

* Easy access to major highways

* Flexible layout suitable for bar, restaurant, or office use

* Strong pedestrian and vehicular traffic

* Excellent owner-user or investment opportunity

Whether you’re looking to establish your business in a high-demand area or add to your commercial portfolio, this property delivers location, flexibility, and long-term value.

Contact us today for additional information or to schedule a private showing.

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Listing Details

MLS Number

1405179

Features

  • Basement: Partial
  • Corner
  • Paved
  • Sidewalks
  • Downtown
  • Year Built: 1900

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today73-90.1% decrease in inventory
    New on Market *18-21.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$199.92$31 increase in List Price/Sq.Ft.
    Avg. Sale Price *$615,000$500,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *77.78%-17.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$194.74$54 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1312 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 Innovations Realty

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