387 Broad Street Central Falls, RI $ 6,200,000
387 Broad Street
$ 6,200,000
Recently Listed New Construction
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387 Broad Street

Central Falls, RI, 02863
$ 6,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 38,174

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Commercial Property for sale in Central Falls, RI

for $6,200,000. This building was built in 1900.

Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.

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Commercial Active

Price

$ 6,200,000

Property Type

Commercial

Taxes

$ 27,790

Style

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1412929

Features
General
Sewer Connected
Utilities Sewer Connected
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Property Subtype Commercial
Tax Year 2025
Business Type Residential
County Providence
New Construction true
Property Type Commercial Sale
Status Active
City Central Falls
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 26572
Land Lease Y/N false
Tax Annual Amount 27790
Property Condition Under Construction
Virtual Tour https://tour.RiLiving.com/387-Broad-Street-Central-Falls-RI-02863
Structure Type Multi Family
Standard Status Active
Tax Assessed Value 2103700
Tax Lot 070
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Interior
Total Stories 0
Total Baths 0
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Exterior
Total Parking 30
Lot Size Area 26572
Number of Buildings 1
Building Area Total 0
Road Frontage Type City Street
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* Excluded Features
List By
Century 21 Limitless

Broker

kyle@seybothteam.com

Email

Affordability Calculator

$40,490
Per Month
94%
6%
0%
Monthly Principal & Interest
$38,174
Monthly Property Taxes
$2,316
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$6,200,000 Listed Price

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387 Broad Street, Central Falls, RI, 02863 is a Commercial Property for sale at $6,200,000. 387 Broad Street was built in 1900. The property's zip code is 02863 which is in Central Falls, RI