1158 1172 N. Main and 81 Nashua Street Providence, RI $ 2,675,000
1158 1172 N. Main and 81 Nashua Street
$ 2,675,000
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1158 1172 N. Main and 81 Nashua Street

Providence, RI, 02906
$ 2,675,000
Bedrooms-- Baths-- Sq 14,000

Monthly Estimate*

$ 16,890

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Commercial Property for sale in Providence, RI

for $2,675,000. This 14,000 square foot building was built in 1920.

GENERATIONAL ASSET FOR SALE! A truly rare 4-lot portfolio on Providence's bustling North Main Street corridor. Featuring 2 busy commercial storefronts, two separate 3-family residential homes, 2 additional upper-level 2BR apartments, two garage buildings, and a buildable rear residential parcel this property offers unparalleled versatility. This property presents many options for a new owner. Option 1 - Operate the existing 8 residential units, 2 commercial spaces, and garage buildings as a stabilized, inflation-hedged rental engine with significant room to push rents via minor cosmetic upgrades. Option 2 - Capitalize on the existing structures for steady holding cash flow while permitting and constructing additional residential density on top of current footprints or on the separate rear lot. Option 3- Zoned C-2 (Community Commercial) and located within Providence's Transit-Oriented Development (TOD) Overlay, the site allows for high-density multi-family housing, medical, office, retail, or mixed-use development by-right. The options are yours but this is a can't miss opportunity with direct access to US-1, I-95, Brown University, and Miriam Hospital ensuring perpetual tenant demand across both commercial and residential components.

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Commercial Active

Price

$ 2,675,000

Property Type

Commercial

Taxes

$ 36,440

Style

Year Built

1920

Town/City

Providence

County/Region

Providence

MLS | Web ID

1421293

Features
General
Sewer Connected
Heating Baseboard Steam
Cooling Central Air
Utilities Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Negotiable
Security Features Fire Alarm See Remarks
Construction Materials Brick Masonry
Year Built 1920
Electric 100 Amp Service 200+ Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2026
Business Type Rental Retail
Community Features Highway Access Public Transportation
County Providence
New Construction false
Property Type Commercial Sale
Subdivision Name North Main
Status Active
City Providence
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 23589
Number of Units Leased 10
Land Lease Y/N false
Tax Annual Amount 36440
Virtual Tour https://tour.RiLiving.com/1158-1172-N-Main-and-81-Nashua-Street-Providence-RI-02906
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 2073100
Tax Lot 0000
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 25
Lot Size Area 23589
Foundation Details Combination
Number of Buildings 6
Building Area Total 14000
Road Surface Type Asphalt
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* Excluded Features
List By
Lenox Realty Group

Broker

gabe@rentprov.com

Email

Affordability Calculator

$19,927
Per Month
85%
15%
0%
Monthly Principal & Interest
$16,890
Monthly Property Taxes
$3,037
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/21/2026$2,675,000 Listed Price

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1158 1172 N. Main and 81 Nashua Street, Providence, RI, 02906 is a Commercial Property for sale at $2,675,000 with 14,000 sqft. 1158 1172 N. Main and 81 Nashua Street was built in 1920. The property's zip code is 02906 which is in Providence, RI