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56 Penn Street Providence, RI $ 325,000
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$ 325,000 Get more info
56 Penn Street
$ 325,000
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56 Penn Street

Providence, RI, 02909
$ 325,000
Bedrooms-- Baths-- Sq 1,249

Monthly Estimate*

$ 2,245

56 Penn Street, Providence, RI 02909 - Image 1
56 Penn Street, Providence, RI 02909 - Image 2
56 Penn Street, Providence, RI 02909 - Image 3
56 Penn Street, Providence, RI 02909 - Image 4
56 Penn Street, Providence, RI 02909 - Image 5
56 Penn Street, Providence, RI 02909 - Image 6
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Commercial Property for sale in Providence, RI

for $325,000. This 1,249 square foot building was built in 1955.

Excellent opportunity for investors, developers, or owner-users! This commercial building is currently a gutted shell, offering a blank canvas for a variety of potential uses and redevelopment possibilities. Bring your vision and transform this property into your next investment or business venture. Conveniently located just minutes from major highway access and close to Providence's popular Federal Hill neighborhood, the property offers accessibility and proximity to local amenities, businesses, and restaurants. Property is being sold in its current condition. Buyer to perform all due diligence regarding zoning, permitted uses, building condition, utilities, and any required permits or approvals. Unlock the potential and make this property your own!

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 7,642

Style

Year Built

1955

Town/City

Providence

County/Region

Providence

MLS | Web ID

1427201
Features
General
Sewer Connected
Heating Forced Air
Utilities Sewer Connected
Construction Materials Other
Year Built 1955
Electric 100 Amp Service
Stories Count 1
Levels One
Property Subtype Commercial
Tax Year 2025
Business Type Arts and Entertainment Barber/Beauty Church Commercial Child Care Mixed
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Providence
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 3920
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 7642
Virtual Tour https://tour.RiLiving.com/56-Penn-Street-Providence-RI-02909
Structure Type Apartment Multi Family
Standard Status Active
Tax Assessed Value 261700
Tax Lot 33
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Interior
Total Stories 1
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 3920
Number of Buildings 1
Building Area Total 1249
Road Surface Type Asphalt
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* Excluded Features
List By
Capital Leasing & Managment

Broker

achampagne@capitalmanagementri.com

Email

Affordability Calculator

$2,882
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$637
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/28/2026$325,000 Listed Price

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56 Penn Street, Providence, RI, 02909 is a Commercial Property for sale at $325,000 with 1,249 sqft. 56 Penn Street was built in 1955. The property's zip code is 02909 which is in Providence, RI

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