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622 Union Avenue

Providence, RI 02909
  • $974,999
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1388063
UPDATED: 69 min ago
$974,999
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Description

Welcome to a truly one-of-a-kind opportunity this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates. The former bar not included in the sale presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property's mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. An adjoining vacant lot MLS# 1388085 currently used for parking is also available for purchase and was previously a buildable lot, offering further expansion or development potential. There is nothing like this on the market and hasn't been for quite some time. Whether you're an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don't miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-09T14:38:00.46.
www.onshorerealtors.com/homes/165212705
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622 Union Avenue Providence, RI 02909

  • Price: $974,999
  • Status: Active
  • On Site: 14 Days
  • Updated: 69 min ago
  • MLS #: 1388063
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1922
Built
Neighborhood:
Silver Lake
County:
Providence
Area:
Providence
Property Description
Welcome to a truly one-of-a-kind opportunity this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates. The former bar not included in the sale presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property's mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. An adjoining vacant lot MLS# 1388085 currently used for parking is also available for purchase and was previously a buildable lot, offering further expansion or development potential. There is nothing like this on the market and hasn't been for quite some time. Whether you're an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don't miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.
Exterior Features

Foundation Details Slab Parking Total 0

Interior Features

Basement None Basement YN No Heating Gas Steam Heating YN Yes

Property Features

Business Type Mixed Parking Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks Electric 100 Amp Service Human Modified YN No Land Lease YN No New Construction YN No Owner Pays Electricity Heat Property Sub Type Commercial Road Frontage Type City Street Security Features Fire Sprinkler System Sewer Connected Structure Type Apartment Multi Family Tax Annual Amount 10877 Tax Assessed Value 378000 Tax Lot 66 Tax Year 2024 Utilities Natural Gas Connected Sewer Connected Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-09T14:38:00.46.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891