We found 0 results. View results

Overview

  • Updated On:
  • March 22, 2025
  • 2.5
  • Bathrooms
  • 12
  • Rooms
  • 5
  • Bedrooms
  • 0 ac
  • Property Lot Size

948 Atwells Avenue, Providence, Residential Income

$ 650,000
948 Atwells Avenue, ,

Description

PRIME MIXED-USE OPPORTUNITY IN FEDERAL HILL’S RESTAURANT ROW. Commercial + Two Residential Units
Exceptional investment opportunity. This turnkey mixed-use property features an established restaurant space with an impressive 34-year legacy, complemented by two income-generating residential units above.
COMMERCIAL HIGHLIGHTS:
Fully equipped restaurant space with decades of successful operation
Prime location on historic Atwells Avenue with high foot traffic
Existing kitchen infrastructure and dining room setup
Established customer base and neighborhood recognition
Versatile space suitable for continued restaurant operation or new business venture
RESIDENTIAL FEATURES:
Two well-maintained rental units providing steady income stream
Separate entrances ensuring privacy for commercial and residential tenants
Ideal urban location attractive to quality tenants
Additional revenue potential through property improvements
Perfect for investors seeking a proven commercial space with built-in residential income, or entrepreneurs ready to write the next chapter of this property’s story. Whether maintaining the existing restaurant concept or launching a new venture, this turnkey property offers immediate operational capability with significant upside potential.
This rare opportunity combines Providence’s rich culinary heritage with modern investment potential. Don’t miss the chance to own a piece of Federal Hill’s vibrant business community.

Property Id : 221638
Price: $ 650,000
Property Lot Size: 0 ac
Rooms: 12
Bedrooms: 5
Bathrooms: 2.5
Association Fee: 0
Basement: Full,Interior Only,Unfinished,Laundry,Storage Space,Utility
Bathrooms Full: 2
Bathrooms Half: 1
Building Area Total (sqft): 2490
Inclusions: Restaurant equipment and furniture to remain and transfer over with sale.
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate,Private School,Public School,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Dry Wall,Plaster,Wood Wall(s),Vinyl Siding
Cooling: None
Parking Total: 5
Electric: Circuit Breakers
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Laminate
Foundation Details: Brick/Mortar
Garage Spaces: 0
Heating: Natural Gas,Steam
MLS Listing #: 1375940
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 3049
MLS Status: Pending
Number Of Units Total: 3
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected,Public Sewer
State: RI
Stories: 3
Street Name: Atwells
Street Number: 948
StreetNumberNumeric: 948
Street Suffix: Avenue
Structure Type: Up/Down
Annual Taxes: 0
Water Source: Connected,Municipal
Year Built: 1922
Address: 948 Atwells Avenue
State/County:
Zip: 02909
Country: US
Open In Google Maps
Other Features
Gas Water Heater
Has Heating System
Plumbing (Mixed)
Property Attached
Wall (Dry Wall)
Wall (Plaster)
Wall (Wood)
$ 3,847.08
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,034.58
Tue 17 Jun
Wed 18 Jun
Thu 19 Jun
Fri 20 Jun
Sat 21 Jun
Sun 22 Jun
Mon 23 Jun
Tue 24 Jun
Wed 25 Jun
Thu 26 Jun
In Person
Video Chat

Contact Me

Schedule a showing?
Call WhatsApp

Similar Listings

Residential Income
Active
Residential Income
Active
Residential Income
Active
DISCLAIMER TEXT: 948 Atwells Avenue | 221638 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

Compare Listings