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    196 Pocasset Ave Providence, RI 02909

    For Sale
    $799,000

    COMMERCIAL - Providence, RI

    Lot size:
    0.07 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 196 Pocasset Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Rooms
    Basement
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick

    BHHS Commonwealth RE (508) 810-0700 [email protected]

    Listing agent The Hiraldo Group (401) 451-2422

    Listing date Oct 30, 2025

    Copyright © 2025 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

    Mixed-Use Commercial Building in Providence

    This mixed-use commercial building in Providence, Rhode Island, presents an exceptional opportunity. Located in the vibrant Silver Lake area, the property features a thriving meat market and convenience store, along with two residential apartments. The high-visibility location benefits from heavy foot and vehicle traffic. This turnkey package offers strong rental demand and long-term growth potential, making it suitable for both experienced investors and first-time commercial buyers. The sale includes the fully equipped business, ensuring a seamless transition for the new owner to continue operations. The property is zoned C-1 and sits on a lot of 0.07 acres.
    Location Intelligence

    Current Use by Public Records

    La Familia Meat ... Grocery Store Tienda Panaderia El ... Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.453864
    Latitude
    41.81081

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial building with business and residential units for sale.
    Where is this mixed-use property located?
    The property is located at 196 Pocasset Ave Providence, RI.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Thriving meat market/convenience store business included - a turnkey operation.; - Mixed-use commercial building with two residential apartments provides immediate rental income.; - High-visibility location ensures heavy foot and vehicle traffic.
    (401) 451-2422
    Request Owner's contact information
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    Providence, RI 02909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    196 Pocasset Ave Providence, RI 02909
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