Commercial,Business at 777 Elmwood Avenue, Providence
Commercial,Business at 777 Elmwood Avenue, Providence, photo 2 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 3 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 4 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 5 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 6 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 7 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 8 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 9 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 10 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 11 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 12 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 13 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 14 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 15 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 16 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 17 of 18
Commercial,Business at 777 Elmwood Avenue, Providence, photo 18 of 18
18 photos

$650,000

777 Elmwood Avenue
Providence, RI 02907
Listed by Rafael Delacruz
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

PLEASE READ CAREFULLY – Business Opportunity for Sale! Fully equipped turnkey restaurant located in a high-traffic area with excellent visibility and strong potential for an owner-operator or investor. This unique opportunity includes additional development potential, as the lot allows for the construction of up to three additional units or commercial spaces above the existing restaurant. The property also features a billboard generating approximately $12,000 per year in passive income to the owner. Rent-to-own option available for qualified buyers. Whether you are looking to expand your portfolio, operate your own business, or take advantage of the future development opportunities, this property offers multiple income streams and exceptional upside potential. Don't miss this rare investment opportunity!

Property details

MLS #
1414971
Property type
Commercial,Business
Subdivision
N/A
Status
Active
Days on market
49
On market date
June 9, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
15
Lot size
10,000 sqft
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Reservoir Avenue School
0.27 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
250
Student:teacher ratio
15.6:1
District
Providence
Middle
Roger Williams Middle
0.8 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
735
Student:teacher ratio
13.6:1
District
Providence
High
Dr. Jorge Alvarez HS
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
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).

82
Highly walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks17
Schools20
Transit stops20
Pharmacies4

Market position

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

On the market 49 days -- 7 more days than Providence's current average of 42 days.
For reference, the median list price across 1,230 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

Similar homes you might like

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