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    498 Broadway Ave Providence, RI 02909

    For Sale
    $800,000

    COMMERCIAL - Providence, RI

    Type:Office
    Lot size:
    0.07 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 498 Broadway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security
    Zoning
    MIXED US
    Rooms
    Basement
    Parking
    34
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas, Steam, Central

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3

    primetime properties inc (401) 265-0521 [email protected]

    Listing agent Frank Miele (401) 265-0521

    Listing date Nov 26, 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 Property in Providence, RI

    This mixed-use property in Providence, Rhode Island, presents an opportunity for a live/work space with additional income potential, or an office with expansion possibilities and additional income. The property features parking, a fire alarm system, and notable details. A new roof has been installed, and there is a patio and deck in the rear. The location provides easy highway access and is situated next to Nicks on Broadway and Maria S. Cuccina, offering a prime location close to downtown and the train station. The lot size is 0.07 acres and the zoning is MIXED US.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.434657
    Latitude
    41.81835

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    FAQs

    What type of property is this?
    Mixed-use property - Live/work space with income potential in a prime location.
    Where is this mixed-use property located?
    The property is located at 498 Broadway Ave Providence, RI.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Prime location next to popular restaurants and close to downtown and the train station.; - Live/work space with additional income potential or office space with expansion possibilities.; - **New roof, patio, and deck in rear.**
    (401) 265-0521
    Request Owner's contact information
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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
    498 Broadway Ave Providence, RI 02909
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