# 550 Broad Street, Providence, RI 02907 > **TL;DR:** commercial, $2,650,000, built 1900. > A/C. Est. $14,173/mo. Listed 43 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,650,000 | | Year Built | 1900 | | Lot Size | 8,276 sqft (0.19 acres) | | Stories | 3 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 43 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $13,400 | | Estimated Insurance | $773 | | **Total** | **$14,173** | ## Key Amenities - A/C ## Property Highlights - Built in 1900 - 0.19 acre lot - 3 stories - 30 parking spaces ## Description ### Agent Description INVESTMENT & DEVELOPMENT OPPORTUNITY! Three individual properties being sold together: 550 & 568 Broad Street and 118 Comstock Avenue, Providence, RI. A unique portfolio offering current rental income, commercial space, restaurant potential, substantial parking, and the vision for future redevelopment. Located in a high-traffic area just minutes from Downtown Providence, with approximately 30-40 parking spaces across the properties. 118 Comstock Avenue is a three-story commercial/residential building on a 6,234+/- sq. ft. lot, offering approximately 3,107 sq. ft. with 9 one-bedroom units, including 3 units currently under renovation. 550 Broad Street is a three-story, air-conditioned building offering approximately 5,243 sq. ft. on a 7,332+/- sq. ft. lot with paved parking and 8 one-bedroom units, 8 Baths, with potential for 2 additional units, subject to required approvals. 568 Broad Street offers approximately 1,871 sq. ft. of updated restaurant/commercial space with paved parking, a new mini-split system, updated interior, one bathroom, and seating for approximately 15 guests, with potential for additional seating. The established El Rincon restaurant business is also available separately.The portfolio currently has 11 tenants in place, with several vacant units and 3 units under renovation, offering value-add potential through renovation and leasing. For the investor with a larger vision, the combined properties may provide an opportunity to explore future redevelopment, ETC. ## Location - **Address:** 550 Broad Street, Providence, RI 02907 - **County:** Providence - **Neighborhood:** Broad Street {118 Comstock Ave} - **Coordinates:** 41.809287, -71.420527 - **Google Maps:** https://www.google.com/maps?q=41.809287,-71.420527 ## Virtual Tour & Media - **Video Tour:** https://tour.RiLiving.com/550-Broad-Street-Providence-RI-02907 ## Listing Agent - **Name:** Collin Marchand - **Brokerage:** Residential Properties Ltd. - **Broker Phone:** (401) 439-7705 - **Listing URL:** [View original listing](http://www.residentialproperties.com/1423442) ## Photos ![550 Broad Street - Photo 1](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3847721432r.jpg) ![550 Broad Street - Photo 2](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2912190139r.jpg) ![550 Broad Street - Photo 3](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1275848297r.jpg) ![550 Broad Street - Photo 4](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3537070337r.jpg) ![550 Broad Street - Photo 5](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2512359473r.jpg) ![550 Broad Street - Photo 6](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f4010705047r.jpg) ![550 Broad Street - Photo 7](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1118543414r.jpg) ![550 Broad Street - Photo 8](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f4092494829r.jpg) ![550 Broad Street - Photo 9](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2120314737r.jpg) ![550 Broad Street - Photo 10](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f66102410r.jpg) ![550 Broad Street - Photo 11](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1018282022r.jpg) ![550 Broad Street - Photo 12](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1018255865r.jpg) ![550 Broad Street - Photo 13](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3258805914r.jpg) ![550 Broad Street - Photo 14](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f181415423r.jpg) ![550 Broad Street - Photo 15](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1309031196r.jpg) ![550 Broad Street - Photo 16](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f4253994725r.jpg) ![550 Broad Street - Photo 17](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2220128113r.jpg) ![550 Broad Street - Photo 18](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1756627709r.jpg) ![550 Broad Street - Photo 19](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f414933191r.jpg) ![550 Broad Street - Photo 20](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2338444795r.jpg) ![550 Broad Street - Photo 21](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f773804562r.jpg) ![550 Broad Street - Photo 22](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1798814502r.jpg) ![550 Broad Street - Photo 23](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2926777844r.jpg) ![550 Broad Street - Photo 24](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1023677211r.jpg) ![550 Broad Street - Photo 25](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2715894471r.jpg) ![550 Broad Street - Photo 26](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3431988045r.jpg) ![550 Broad Street - Photo 27](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3119524704r.jpg) ![550 Broad Street - Photo 28](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f671469215r.jpg) ![550 Broad Street - Photo 29](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1001352612r.jpg) ![550 Broad Street - Photo 30](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f772572149r.jpg) ![550 Broad Street - Photo 31](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2573511631r.jpg) ![550 Broad Street - Photo 32](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1191721430r.jpg) ![550 Broad Street - Photo 33](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3028215576r.jpg) ![550 Broad Street - Photo 34](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2419632926r.jpg) ![550 Broad Street - Photo 35](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f3011163513r.jpg) ![550 Broad Street - Photo 36](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2962024235r.jpg) ![550 Broad Street - Photo 37](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f2406197743r.jpg) ![550 Broad Street - Photo 38](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1035531964r.jpg) ![550 Broad Street - Photo 39](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f870455892r.jpg) ![550 Broad Street - Photo 40](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1809481468r.jpg) ![550 Broad Street - Photo 41](http://lh.rdcpix.com/4b8a5288351ee32f465204e8e97c3751l-f1262355062r.jpg) --- **MLS#:** 1423442 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/550-broad-street-providence-ri-02907-77ecb6435edc4e0e8c9577905a61fb79) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/550-broad-street-providence-ri-02907-77ecb6435edc4e0e8c9577905a61fb79#listing", "url": "https://www.propertysimple.ai/listing/550-broad-street-providence-ri-02907-77ecb6435edc4e0e8c9577905a61fb79", "name": "550 Broad Street, Providence, RI 02907", "description": "INVESTMENT & DEVELOPMENT OPPORTUNITY! Three individual properties being sold together: 550 & 568 Broad Street and 118 Comstock Avenue, Providence, RI. A unique portfolio offering current rental income, commercial space, restaurant potential, substantial parking, and the vision for future redevelopment. Located in a high-traffic area just minutes from Downtown Providence, with approximately 30-40 parking spaces across the properties. 118 Comstock Avenue is a three-story commercial/residential building on a 6,234+/- sq. ft. lot, offering approximately 3,107 sq. ft. with 9 one-bedroom units, including 3 units currently under renovation. 550 Broad Street is a three-story, air-conditioned building offering approximately 5,243 sq. ft. on a 7,332+/- sq. ft. lot with paved parking and 8 one-bedroom units, 8 Baths, with potential for 2 additional units, subject to required approvals. 568 Broad Street offers approximately 1,871 sq. ft. of updated restaurant/commercial space with paved parking, a new mini-split system, updated interior, one bathroom, and seating for approximately 15 guests, with potential for additional seating. The established El Rincon restaurant business is also available separately.The portfolio currently has 11 tenants in place, with several vacant units and 3 units under renovation, offering value-add potential through renovation and leasing. 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