Commercial at 196 Pocasset Avenue, Providence

Commercial at 196 Pocasset Avenue, Providence, photo 2 of 10

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10 photos

$550,000

196 Pocasset Avenue

Providence, RI 02909

Listed by The Hiraldo Group

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

1900

About this home

Exceptional investment opportunity in Providence’s vibrant Silver Lake neighborhood! This mixed-use commercial property features three income-producing units, including a thriving meat market/convenience store occupying over 2,000 square feet on the first floor, along with two spacious residential apartments above, each offering approximately 1,000 square feet of living space with 2 bedrooms per unit. The sale does not include the business; however, the property provides strong and steady rental income from both the commercial and residential units, making it an ideal turnkey opportunity for seasoned investors or first-time commercial buyers. Located in one of Providence’s most active corridors with strong rental demand and long-term growth potential, this property is an outstanding addition to any investment portfolio.

Property details

MLS #: 1422509
Property type: Commercial
Subdivision: N/A
Status: Active
Days on market: N/A
On market date: September 4, 2026
Stories: N/A
Total bathrooms: N/A
Garage spaces: N/A
Parking spaces: N/A
Lot size: 3,200 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Webster Avenue School

0.26 mi away · Grades 0-5

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: 311
Student:teacher ratio: 15.6:1
District: Providence

MiddleCharter

AF Providence Mayoral Middle

0.54 mi away · Grades 5-8

Nearest school -- attendance-zone data not available here

1.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 405
Student:teacher ratio: 31.2:1
District: Achievement First Rhode Island

High

Dr. Jorge Alvarez HS

1.61 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: 681
Student:teacher ratio: 13.1:1
District: Providence

Walkability

Blended score for Providence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Highly walkable

out of 100

EPA National Walkability Index

15.8 / 20 -- Most walkable

Nearby-amenity density

100 / 100

Restaurants & cafes20

Grocery stores20

Parks11

Schools18

Transit stops20

Pharmacies4

Market position

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

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.

For reference, the median list price across 1,141 active listings in Providence right now is $440,000.

Mortgage calculator

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

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,462/mo

$110,000 down

$440,000 loan

Principal & interest$2,854

Property tax (est.)$458

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 20 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.