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161 Benefit Street Providence, RI 02903

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For Sale
$6,850,000

COMMERCIAL - Providence, RI

Type:Apartment
Lot size:
0.18 Acres
Added:
Mar 4, 2026
Days on Market:
47
Last Refresh:
Apr 20 at 7:06 am

Property Features for 161 Benefit Street

General Information

Property type
Commercial Sale
Property subtype
Apartment
Zoning
R-3 HD
Rooms
Basement
Parking
10
Security features
Security Lighting
Interior features
Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft)
Standard status
Active
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
58248

Utilities

Heating system
Forced Air, Central
Cooling system
Window Unit(s), Central Air, Other (Cooling)
Water source
Public

Building Details

Year built
1876
Floors in Building
4
Number of units
10
Building materials
Brick, Masonry

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Listing Contact
Jim DeRentis

Listing agent Jim DeRentis

Listing office Residential Properties Ltd. 140 Wickenden Street, RI

Listing date Mar 4, 2026

MLS# 1405710

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.


Overview

Benefit Street Mixed-Use Investment

The George Earle Building presents a unique opportunity to acquire an income-producing property on Benefit Street in Providence's College Hill, near Brown University and RISD. This multi-use, 4-level brick building features 12 units: 3 commercial spaces on the first floor and 9 residential units on the upper three floors. The common areas were extensively renovated in 2024, resulting in stairways and corridors that enhance the upscale residential atmosphere. The commercial spaces are currently combined and leased to a local restaurant, offering a long-term tenant. This space features walls of glass, exposed brickwork, and city views. The building's front has been restored with custom wood doors and windows, and millwork. The 9 residential units feature ceilings, in-unit laundry, stone flooring, and original historic details, including plaster moldings and marble fireplaces. Many units offer views of Benefit Street and the surrounding neighborhood. The property includes a buildable lot at 54 Meeting Street, zoned R-3 HD, currently used as 10 parking spaces. The lot size is 0.175 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Den Den Café ... Restaurant

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.40805
Latitude
41.82876

FAQs

What type of property is this?
Mixed-use property - Income-producing mixed-use building near Brown University and RISD.
Where is this mixed-use property located?
The property is located at 161 Benefit Street Providence, RI.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: Income‑producing property on Benefit Street in College Hill, near Brown University and RISD.; Includes a buildable lot at 54 Meeting Street (zoned R‑3 HD) currently used as 10 parking spaces.; Long‑term tenant: Top local restaurant occupies the combined commercial space on the first floor.
More about this property
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