Business at 224 Thayer Street UNIT LL-A2, Providence
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$55,000

224 Thayer Street UNIT LL-A2
Providence, RI 02906
Listed by Anna Hsiao
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Great opportunity to own a well-established bubble tea and beverage shop in the heart of Providence! Ideally located on vibrant Thayer Street, this business enjoys excellent visibility and strong year-round foot traffic, surrounded by restaurants, shops, and the bustling campus life of Brown University and RISD. The location benefits from a strong student and local customer base, providing consistent demand year-round. The business is fully equipped and ready for a new owner to take over operations, with existing drink recipes, equipment, and operational setup included. Whether you’re looking to continue operating as a bubble tea shop or bring your own beverage concept to this high-traffic location, this is an excellent opportunity to establish your business in one of Providence’s most desirable commercial districts.

Property details

MLS #
1424004
Property type
Business
Subdivision
College Hill / Eastside
Status
Active
Days on market
10
On market date
September 22, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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
0.66 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
0.97 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
Hope High School
0.48 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
943
Student:teacher ratio
14.3:1
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).

82
Highly walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 10 days -- 32 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,293 active listings in Providence right now is $449,900.

Mortgage calculator

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

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Est. monthly payment
$481/mo
$11,000 down
$44,000 loan
Principal & interest$285
Property tax (est.)$46
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 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.