Active
948 Atwells Avenue
Providence RI, 02909
$650,000
$261.04 per sqft
Active
5 Beds
3 Baths
2,490 sqft
Multi-family
Built in 1922
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.
1375940
MLSⓇ ID
January 10, 2025
Listed
January 10, 2025
Updated
Map
948 Atwells Avenue
Providence RI, 02909
Interior Features
Total Stories
3
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Tub Shower
Appliances
Gas Water Heater
Floor Description
Ceramic Tile, Hardwood, Laminate
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Gas, Steam
Exterior/Building Features
Lot Size
0.07 Acres
Sewer
Connected, Public Sewer
Other Property Details
Garage
No
Parking
No Garage
Parking Total
5
View
No
County
Providence
Water Source
Connected, Public
Pool
No
Courtesy of Compass / Lila Delman Compass
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than BHHS Commonwealth Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
©2025 State-Wide MLS, Inc. All rights reserved.
Data last updated 5:17 PM UTC, 1/10/2025.