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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 2 of 43
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43 photos

$2,650,000

1158 1166 1172 N. Main and 81 Nashua Street
Providence, RI 02906
Listed by Gabe Francis
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

GENERATIONAL ASSET FOR SALE! A truly rare 4-lot portfolio on Providence's bustling North Main Street corridor. Featuring 2 busy commercial storefronts, two separate 3-family residential homes, 2 additional upper-level 2BR apartments, two garage buildings, and a buildable rear residential parcel—this property offers unparalleled versatility. This property presents many options for a new owner. Option 1 - Operate the existing 8 residential units, 2 commercial spaces, and garage buildings as a stabilized, inflation-hedged rental engine with significant room to push rents via minor cosmetic upgrades. Option 2 - Capitalize on the existing structures for steady holding cash flow while permitting and constructing additional residential density on top of current footprints or on the separate rear lot. Option 3- Zoned C-2 (Community Commercial) and located within Providence’s Transit-Oriented Development (TOD) Overlay, the site allows for high-density multi-family housing, medical, office, retail, or mixed-use development by-right. The options are yours but this is a can't miss opportunity with direct access to US-1, I-95, Brown University, and Miriam Hospital ensuring perpetual tenant demand across both commercial and residential components.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1421293
Property type
Commercial
Subdivision
North Main
Status
Active
Days on market
43
On market date
August 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
25
Lot size
23,589 sqft

Market position

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

On the market 43 days -- 1 more days than Providence's current average of 42 days.
For reference, the median list price across 1,491 active listings in Providence right now is $449,000.

Mortgage calculator

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Est. monthly payment
$16,109/mo
$530,000 down
$2,120,000 loan
Principal & interest$13,750
Property tax (est.)$2,208
Home insurance (est.)$150

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

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.