About This Home

This 0-bedroom, 0-bathroom commercial at 1058 Charles Street in North Providence, RI is listed for $1,600,000 ($211 per sqft). Built in 1946, the home offers 7,593 sqft of living space on a 0.69 acres lot.

Key Features

  • Built in 1946
  • 0.69 acre lot
  • 2 stories
  • 50 parking spaces

Property Details

2 stories
50 spaces
1946

Amenities

A/C
Listing Description

Exceptional mixed use investment opportunity in a highly visible, high traffic location at the corner of Charles Street and Mineral Spring Avenue. This unique offering consists of five separate lots (Assessor's Plat 2/Lot Nos. 247, 249, 250, 262, and 264), providing exceptional flexibility and future development potential.

The property includes a fully built out restaurant featuring a full commercial kitchen, all equipment necessary for operation, and a brand new keg system, making it ideal for an owner operator or investor. Also included is a retail storefront, two residential units that provide additional income potential, and two lots located across the street that are currently utilized for parking.

The building offers a full basement for storage and operational use. With excellent visibility, strong traffic counts, and multiple income streams, this property presents unlimited possibilities for investors, business owners, or developers. The property may be purchased as a complete package or with/without lots 247/264.

Please refer to the separate MLS 1417428 listing for the lots only. Whether you are looking to expand your investment portfolio, establish your own business, or explore redevelopment opportunities, this is a rare offering in one of the area's most high traffic commercial corridors.

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

1058 Charles Street

North Providence, RI 02904

Features & Amenities

Interior Features

Ceiling Height (9 to 12 Ft)

Property Details

Construction

Masonry

Heating

CentralForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1058 Charles Street is listed at $1,600,000 ($211/sqft). The estimated monthly payment is $8,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.69 acre lot, 2 stories, 50 parking spaces. Interior Features: Ceiling Height (9 to 12 Ft).

This property is listed by Michelle Savastano and can be reached at (401) 255-5530.

MS

Michelle Savastano

Agent at Broadway Real Estate Group

(401) 255-5530

Listed by Broadway Real Estate Group

MLS# 1417424· Source: listhub· 2 days on market

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1058 Charles Street, North Providence, RI 02904

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