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Masonry Duplex with 13 Parking

56 60 River Avenue, Providence, RI 02908

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For Sale

$440,000

COMMERCIAL - Providence, RI

Lot size:

0.17 Acres

HighLights

Plans included for multi‑unit residential conversion.
M1 zoning allows for rental or mixed‑use potential.
Located near Downtown Providence, highways, hospitals, and colleges.
13+ parking spaces.
Solid masonry structure.
Public water and sewer.

We can help!

Listing Contact

Maria Santos

Learn more

For Sale

$440,000

COMMERCIAL - Providence, RI

Lot size:

0.17 Acres

Added:: Dec 11, 2025
Days on Market:: 192
Last Refresh:: Jun 21 at 5:06 am

Property Features for 56 60 River Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: M1
Rooms: Basement
Parking: 13
Interior features: Ceiling Height (9 to 12 Ft)
Basement: Partial
Standard status: Active
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 4600

Utilities

Water source: Public

Building Details

Year built: 1981
Floors in Building: 1
Number of units: 2
Building materials: Masonry

We can help!

Listing Contact

Maria Santos

Listing agent Maria Santos

Listing office Exp Realty 10 Dorrance Street, Suite 700, West Hartford, RI

Listing date Dec 11, 2025

MLS# 1401652

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.

HighLights

Plans included for multi‑unit residential conversion.
M1 zoning allows for rental or mixed‑use potential.
Located near Downtown Providence, highways, hospitals, and colleges.
13+ parking spaces.
Solid masonry structure.
Public water and sewer.

Overview

56-60 River Avenue is a masonry duplex property presented for redevelopment under M1 zoning. The offering includes professional plan sets for a multi-unit residential conversion, along with the existing structure intended to serve as a base for the planned work. Public water and sewer are available, supporting future renovation and reconfiguration.

The site consists of a single parcel and includes 13+ parking spaces. The seller also notes the property’s proximity to Downtown Providence, major highways, hospitals, and area colleges, which may support a variety of rental or mixed-use tenanting strategies. Buyer should conduct due diligence regarding zoning and the included plans.

For investors and operators, this is positioned as a value-add opportunity where the multi-unit residential conversion planning is already in place. The combination of M1 zoning, public utilities, a solid masonry structure, and on-site parking can help streamline early redevelopment conversations for qualified buyers. Easy to show and vacant, the property is being offered with the intent that proper execution will determine final results after due diligence.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Providence
County: Providence
State: Rhode Island
Longitude: -71.436531
Latitude: 41.829435

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For sale
Duplexes
RI
Providence
02908
56 60 River Avenue

What type of property is this?

Duplex - Value-add redevelopment site with M1 zoning, public water and sewer, and 13+ parking spaces for future multi-unit use.

Where is this duplex located?

The property is located at 56 60 River Avenue Providence, RI.

What is the asking price?

The asking price for this property is $440,000.

What are key features of this property?

This property features: Plans included for multi‑unit residential conversion.; M1 zoning allows for rental or mixed‑use potential.; Located near Downtown Providence, highways, hospitals, and colleges.

56 60 River Avenue, Providence, RI 02908

COMMERCIAL - Providence, RI

Property Features for 56 60 River Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Mixed-Use Retail/Office Building

Elmwood Avenue Commercial Investment Opportunity

Two-Family Home with Porches

Renovated 3-Unit Victorian Residence

Mixed-Use Retail and Townhome Property

Victorian Two-Family Residence

Newer Construction Quadplex

Two-Family Townhouse-Style Home

Providence Multifamily Investment Opportunity

Well-Maintained Triplex in Providence

Two-Family Residential Income Property

Two-Family Residence with In-Unit Laundry

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