Description
Exceptional mixed-use investment opportunity in Providence featuring an income-producing commercial/residential building together with a separately subdivided vacant parcel offering additional future development potential. The property includes a street-level grocery store and two residential units above, with the upper residence offering a spacious townhouse-style layout incorporating finished attic-level living space. Current rental income provides immediate cash flow, while the residential units offer additional upside through future rent growth. The adjoining 60 Hamilton Street parcel contains approximately 3,291 square feet and is separately subdivided, creating added value for investors, developers, or owner-users seeking long-term expansion potential. Conveniently located near major routes, shopping, restaurants, public transportation, and neighborhood amenities. A unique opportunity to acquire an established mixed-use asset with multiple income streams and a separate development component. Buyer and buyer's agent to perform all due diligence regarding zoning, permitted uses, occupancy, and development possibilities.
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10BEDS
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0.07ACRES
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3BATHS
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11/2 BATHS
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5,060SQFT
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$158$/SQFT
School Ratings & Info
Description
Exceptional mixed-use investment opportunity in Providence featuring an income-producing commercial/residential building together with a separately subdivided vacant parcel offering additional future development potential. The property includes a street-level grocery store and two residential units above, with the upper residence offering a spacious townhouse-style layout incorporating finished attic-level living space. Current rental income provides immediate cash flow, while the residential units offer additional upside through future rent growth. The adjoining 60 Hamilton Street parcel contains approximately 3,291 square feet and is separately subdivided, creating added value for investors, developers, or owner-users seeking long-term expansion potential. Conveniently located near major routes, shopping, restaurants, public transportation, and neighborhood amenities. A unique opportunity to acquire an established mixed-use asset with multiple income streams and a separate development component. Buyer and buyer's agent to perform all due diligence regarding zoning, permitted uses, occupancy, and development possibilities.
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