Emily Christenbury
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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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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 12 of 43
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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 14 of 43
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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 18 of 43
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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 22 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 23 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 24 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 25 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 26 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 27 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 28 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 29 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 30 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 31 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 32 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 33 of 43
Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 34 of 43
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Commercial at 1158 1166 1172 N. Main and 81 Nashua Street, Providence, photo 38 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 #
1421293
Property type
Commercial
Subdivision
North Main
Status
Active
Days on market
32
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

Location

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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
Martin Luther King El. School
1.05 mi away · Grades -1-5
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
366
Student:teacher ratio
15.3:1
District
Providence
Middle
Nathan Bishop Middle
0.92 mi away · Grades 6-8
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
636
Student:teacher ratio
13.3:1
District
Providence
High
Charles E. Shea High School
1.17 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
925
Student:teacher ratio
14.7:1
District
Pawtucket

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).

90
Highly walkable
out of 100
EPA National Walkability Index
16.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks14
Schools20
Transit stops20
Pharmacies8

Market position

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

On the market 32 days -- 10 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
$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 7 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.