638 Charles Street Providence, RI $ 199,000
638 Charles Street
$ 199,000
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638 Charles Street

Providence, RI, 02904
$ 199,000
Bedrooms-- Baths-- Sq 1,800
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Property for Rent in Providence, RI

for $199,000. This 1,800 square foot property was built in 1930.

Established Providence market operating for over 50 years with a loyal neighborhood customer base. This 1,800 sq ft turnkey grocery and halal butcher business offers multiple revenue streams including grocery, fresh meat, tobacco products, ATM income, and delivery service. Opportunity exists to add lottery sales for additional revenue potential. Recent annual sales reported at $752,000+ with efficient operations currently run by two employees. Very low rent of $1,350/month, offering strong operating margins and long-term stability. Business includes fixtures, equipment, and established vendor relationships. Inventory to be sold separately (approx. $25,000). Financial information including POS reports and tax returns available upon execution of NDA and proof of funds or lender pre-approval. Confidential sale. Please do not approach staff or discuss sale on site. All showings must be scheduled through the listing agent.

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Rental Active

Price

$ 199,000

Taxes

$ 0

Style

Year Built

1930

Town/City

Providence

County/Region

Providence

MLS | Web ID

1393824

Features
General
Sewer Connected Public Sewer
Heating Steam
Utilities Natural Gas Available Natural Gas Connected Sewer Connected Water Connected
Possession Negotiable
Zoning C-2
Security Features Fire Alarm Fire Escape Fire Sprinkler System 24 Hour Security See Remarks
Construction Materials Other
Year Built 1930
Electric Fuses
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2024
Gross Income 738984
Business Type Commercial
Community Features Highway Access Near Hospital Near Schools Public Transportation Shopping High Traffic Location Street Lights Sidewalks
Business Name Foodland Farm International Halal Market
County Providence
New Construction false
Property Type Commercial Sale
Possible Use Commercial Mixed Use Retail
Status Active
City Providence
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 1800
Property Attached Y/N false
Land Lease Y/N true
Tax Annual Amount 0
Virtual Tour https://tour.RiLiving.com/638-Charles-Street-Providence-RI-02904
Lease Type Ground Lease
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 306600
Tax Lot 346
Ownership Type Sole Proprietor
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Interior
Basement Full
Furnished Y/N Furnished
Total Stories 3
Basement (Y/N) true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Fenced
Lot Features Corner Lot
Water Source Connected Public
Total Parking 6
Inclusions Goodwill & branding (Foodland Farm International Halal Market) Halal butcher operations (meat & chicken) Grocery/convenience inventory (Included in asking price) Tobacco license (transferable) Lottery license (renewable-not active now) ATM & revenue stream Hookah vapes American & Mediterranean groceries All equipment freezers coolers displays butcher machinery POS system all go with the sale.
Lot Size Area 1800
Number of Buildings 1
Building Area Total 1800
Road Surface Type Paved
Frontage Length 80
Road Frontage Type City Street
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* Excluded Features
List By
Gold Door Realty

Broker

mustafa@golddoorrealty.com

Email

Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$199,000 -13.44% Price Down
2/3/2026$229,900 -8.04% Price Down
8/30/2025$250,000 Listed Price

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638 Charles Street, Providence, RI, 02904 is a Property for Rent at $199,000 with 1,800 sqft. 638 Charles Street was built in 1930. The property's zip code is 02904 which is in Providence, RI