Commercial Sale at 215 Broadway, Providence RI 02903, Providence
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$2,950,000

215 Broadway, Providence RI 02903
Providence, RI 02903
Listed by Douglas Jeffrey
Bedrooms
N/A
Bathrooms
N/A
Living area
7,600 sqft
Year built
2024

About this home

A distinguished 1887 Second Empire mansion prominently situated along Broadway, one of Providence’s most recognizable and desirable West Side corridors. Comprehensively renovated in recent years, this architecturally significant property has been thoughtfully transformed into ten distinctive residential units, offering a mix of studio, one-, two-, and three-bedroom layouts. The property presents a compelling combination of irreplaceable historic character, modern building systems, and established in-place income within one of Providence’s strongest rental markets. Throughout the building, the renovation carefully preserves many of the mansion’s exceptional original details, including ornate paneled walls, marble fireplaces, parquet flooring, and crystal chandeliers, while incorporating the amenities expected by today’s residents. Units feature updated kitchens and designer baths complemented by extensive mechanical and infrastructure improvements. Recent capital improvements include electrical and HVAC upgrades, a new fire alarm system, and a fully sprinklered building. Additional amenities include dedicated common laundry facilities and secure bicycle storage. 215 Broadway represents a rare opportunity to acquire a substantial, income-producing multifamily asset where historic Providence architecture and modern improvements come together in an exceptional West Side location.

Property details

MLS #
73570688
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
33
On market date
September 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.21 acres
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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
Carl G. Lauro El. School
0.08 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
0.18 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
High
Classical High School
0.32 mi away · Grades 9-12
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
1,103
Student:teacher ratio
17.0:1
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).

94
Highly walkable
out of 100
EPA National Walkability Index
18.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 33 days -- 9 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
$17,915/mo
$590,000 down
$2,360,000 loan
Principal & interest$15,307
Property tax (est.)$2,458
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 30 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.