$329,000
About this home
Position your business at the center of Providence’s next retail evolution with a rare opportunity inside America’s first indoor shopping mall. Located within the iconic Arcade Providence, an 1828 National Historic Landmark, this combined 1,278 SF commercial offering (including 412 SF semi-finished lower-level storage) delivers unmatched historic significance, built-in consumer traffic, and strategic downtown visibility. Comprised of three combined units with over $180,000 in recent renovations, this turnkey commercial condo is currently configured for fast-casual food service but offers flexible potential for boutique retail, hospitality, specialty food, or experiential concepts. Surrounded by thriving residential micro-lofts above, daily commuter flow, financial district professionals, and dense urban foot traffic, this asset provides immediate operational readiness in one of New England’s most architecturally significant retail destinations. With the recent $133M acquisition of nearby Providence Place signaling renewed institutional confidence in Providence’s retail and mixed-use future, this offering presents a compelling entry point for regional investors, expanding brands, and visionary operators seeking to establish presence ahead of broader market momentum. Historic pedigree. Strategic location. Turnkey flexibility. A flagship opportunity in the heart of downtown Providence.
Property details
- MLS #
- 1411532
- Property type
- Commercial
- Subdivision
- Downtown Providence
- Status
- Active
- Days on market
- 10
- On market date
- May 1, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.471 acres
Location
Get directions →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).
- Enrollment
- 553
- Student:teacher ratio
- 12.9:1
- District
- Providence
- Enrollment
- 108
- Student:teacher ratio
- 10.8:1
- District
- Urban Collaborative
- Enrollment
- 217
- Student:teacher ratio
- 9.4:1
- District
- Village Green Virtual
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).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 12, 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.