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$329,000

65 Weybosset Street UNIT 122 & 123 & 023
Providence, RI 02903
Listed by Don Martone
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1828

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
Garage spaces
N/A
Lot size
0.471 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Carl G. Lauro El. School
0.84 mi away · Grades 0-5
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
553
Student:teacher ratio
12.9:1
District
Providence
Middle
Urban Collaborative Program
0.6 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
108
Student:teacher ratio
10.8:1
District
Urban Collaborative
HighCharter
Village Green Virtual
0.09 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
217
Student:teacher ratio
9.4:1
District
Village Green Virtual

Mortgage calculator

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Est. monthly payment
$2,131/mo
$65,800 down
$263,200 loan
Principal & interest$1,707
Property tax (est.)$274
Home insurance (est.)$150

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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.