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Mixed-Use Property with Restaurant Space
For Sale
Contact for pricing
Pending

1027 Charles St, North Providence, RI 02904

Four connected parcels combine residential units, restaurant and banquet facilities, leasable areas, basements, and service-oriented building space.

Property SizeContact for details
Days on Market142

Property Features for 1027 Charles St

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 8

Building Details

Buildings 3
Listing Agency: RE/MAX Flagship
Listed By: Michael Mita · License #REB.0016449
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Flagship

Investment Insights

Based on property information with market context.

This mixed-use holding consists of four contiguous parcels with more than 10,000 sq. ft. of leased and leasable space. The property includes eight residential units distributed among three buildings, along with a restaurant and banquet component measuring 3,000 sq. ft. and described as fully ready for operation. The primary building also contains garage and loading space, while basement areas are present throughout the buildings.

The property is located at 1027 Charles St in North Providence, Rhode Island. The parcel configuration may support assembly across approximately half a city block, with the source information also identifying potential frontage along Charles St. A fifth Charles St parcel may be available separately for an expanded acquisition.

Key Highlights

  • Four contiguous parcels with over 10,000 sq. ft. of leased and leasable space
  • 3,000 sq. ft. restaurant and banquet space fully ready to go
  • 8 units of residential in 3 buildings

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 02904, RI

31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four connected parcels combine residential units, restaurant and banquet facilities, leasable areas, basements, and service-oriented building space.
Where is this mixed-use property located?
The property is located at 1027 Charles St North Providence, RI.
What are key features of this property?
This property features: Four contiguous parcels with over 10,000 sq. ft. of leased and leasable space; 3,000 sq. ft. restaurant and banquet space fully ready to go; 8 units of residential in 3 buildings
More about this property
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