No photos available for this listing

$440,000

56 60 River Avenue

Providence, RI 02908

Listed by Maria Santos

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

1981

About this home

INVESTOR ALERT 56–60 River Ave presents a prime value-add opportunity with plans already in place for multi-unit residential conversion. Property features M1 zoning, public water & sewer, 13+ parking spaces, and a solid masonry structure ready for redevelopment. Two professional plan sets included, offering flexibility to maximize returns. Strategically located near Downtown Providence, major highways, hospitals, and top colleges ideal for rental or mixed-use potential. Easy to show – vacant strong upside with proper execution. Buyer to perform due diligence on zoning and plans

Property details

MLS #: 1401652
Property type: Commercial,Industrial
Subdivision: N/A
Status: Active
Days on market: 193
On market date: December 11, 2025
Stories: N/A
Total bathrooms: N/A
Garage spaces: N/A
Parking spaces: 13
Lot size: 7,220 sqft

Location

Get directions →

Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter

Paul Cuffee Lower School

0.47 mi away · Grades 0-5

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 361
Student:teacher ratio: 11.6:1
District: Paul Cuffee Charter Sch

Middle

Nathanael Greene Middle

0.45 mi away · Grades 6-8

Nearest school -- attendance-zone data not available here

3.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 907
Student:teacher ratio: 15.4:1
District: Providence

HighCharter

Times2 Middle/High School

0.95 mi away · Grades 6-12

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 403
Student:teacher ratio: 14.9:1
District: Providence

Walkability

Blended score for Providence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

Highly walkable

out of 100

EPA National Walkability Index

16.0 / 20 -- Most walkable

Market position

How this listing compares to current activity in Providence, from live MLS data.

On the market 193 days -- 151 more days than Providence's current average of 42 days.

For reference, the median list price across 1,230 active listings in Providence right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$2,800/mo

$88,000 down

$352,000 loan

Principal & interest$2,283

Property tax (est.)$367

Home insurance (est.)$150

Similar homes you might like

$360,000

000 Address withheld Lane

Listed by Ronald Deleon

No photo

$399,000

150 George Washington Highway UNIT 6

Listed by The Jarrod Lewis Group

No photo

$499,900

407 Smithfield Avenue

Pawtucket, 02860

N/A bd·N/A ba·N/A

33 days on market

Listed by My Greene Team

Listed by Michelle Savastano

Listed by Jane Driver

No photo

$475,000

377 Washington Street

West Warwick, 02893

N/A bd·N/A ba·N/A

10 days on market

Listed by Christina Rouse

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.