Commercial at 196 Pocasset Avenue, Providence
Commercial at 196 Pocasset Avenue, Providence, photo 2 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 3 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 4 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 5 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 6 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 7 of 10
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Commercial at 196 Pocasset Avenue, Providence, photo 9 of 10
Commercial at 196 Pocasset Avenue, Providence, photo 10 of 10
10 photos

$550,000

196 Pocasset Avenue
Providence, RI 02909
Listed by The Hiraldo Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Exceptional investment opportunity in Providence’s vibrant Silver Lake neighborhood! This mixed-use commercial property features three income-producing units, including a thriving meat market/convenience store occupying over 2,000 square feet on the first floor, along with two spacious residential apartments above, each offering approximately 1,000 square feet of living space with 2 bedrooms per unit. The sale does not include the business; however, the property provides strong and steady rental income from both the commercial and residential units, making it an ideal turnkey opportunity for seasoned investors or first-time commercial buyers. Located in one of Providence’s most active corridors with strong rental demand and long-term growth potential, this property is an outstanding addition to any investment portfolio.

Property details

MLS #
1422509
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3,200 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Webster Avenue School
0.26 mi away · Grades 0-5
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
311
Student:teacher ratio
15.6:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.54 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
31.2:1
District
Achievement First Rhode Island
High
Dr. Jorge Alvarez HS
1.61 mi away · Grades 9-12
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
681
Student:teacher ratio
13.1:1
District
Providence

Walkability

Blended score for Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks11
Schools18
Transit stops20
Pharmacies4

Market position

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

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,252 active listings in Providence right now is $449,000.

Mortgage calculator

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

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 25 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.