$799,999
About this home
Exceptional mixed-use investment opportunity in Providence featuring an income-producing commercial/residential building together with a separately subdivided vacant parcel offering additional future development potential. The property includes a street-level grocery store and two residential units above, with the upper residence offering a spacious townhouse-style layout incorporating finished attic-level living space. Current rental income provides immediate cash flow, while the residential units offer additional upside through future rent growth. The adjoining 60 Hamilton Street parcel contains approximately 3,291 square feet and is separately subdivided, creating added value for investors, developers, or owner-users seeking long-term expansion potential. Conveniently located near major routes, shopping, restaurants, public transportation, and neighborhood amenities. A unique opportunity to acquire an established mixed-use asset with multiple income streams and a separate development component. Buyer and buyer’s agent to perform all due diligence regarding zoning, permitted uses, occupancy, and development possibilities.
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1421525
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 10
- On market date
- August 25, 2026
- Stories
- N/A
- Total bathrooms
- 3.5
- Garage spaces
- N/A
- Parking spaces
- 10
- Lot size
- 0.07 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.
- Enrollment
- 270
- Student:teacher ratio
- 11.3:1
- District
- Highlander
- Enrollment
- 790
- Student:teacher ratio
- 12.5:1
- District
- Providence
- Enrollment
- 265
- Student:teacher ratio
- 9.8:1
- District
- Paul Cuffee Charter Sch
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 September 5, 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.