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1158 1172 N. Main And 81 Nashua Street | Image 2
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1158 1172 N. Main And 81 Nashua Street | Image 7

$2,675,000

For Sale

10 hours ago

1158 1172 N. Main And 81 Nashua Street, Providence, RI

House

MLS® 1421293

0 Bed

0 Bath

14000 sqft

25 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 14000 sqft
Garage 
Taxes $36,440
Days Active 1
Lot Size 23589 SF
Approx. Age 1920
Avg. Price Per Sqft $191
MLS® Number 1421293

Property Address: 1158 1172 N. Main And 81 Nashua Street, Providence, RI, 02906

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1421293
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFull
Driveway
Garage Spaces
HeatBaseboard, Steam
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 21, 2026List Date
$2,675,000List Price
  • Commute

Commute

Starting Address
Destination Address
1158 1172 N. Main And 81 Nashua Street, Providence, RI

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