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    198 Pocasset Ave Providence, RI 02909

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    For Sale
    $799,000

    Mixed-use commercial building with retail and residential units for sale.

    Property size:
    3,063 SF
    Lot size:
    0.07 Acres

    Property Features for 198 Pocasset Ave

    General Information

    Size
    3,063 SF
    Lot size
    0.07 Acres

    Source: BHHS - Commonwealth | East Greenwich Agent Francis Hiraldo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Silver Lake

    This mixed-use commercial building in Providence's Silver Lake area features a meat market and convenience store, along with two residential apartments. The property is located in a high-visibility location with heavy foot and vehicle traffic. The property size is 3063 square feet. This turnkey package offers long-term growth potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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.

    Similar Places Nearby

    La Gran Via Meat Market, NOEL MEAT MARKET, Cibao Meat Supermarket

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4546122
    Latitude
    41.8096854

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    FAQs

    What type of property is this?
    Grocery and convenience store - Mixed-use commercial building with retail and residential units for sale.
    Where is this grocery and convenience store located?
    The property is located at 198 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.; - Mixed-use commercial building with two residential apartments.; - High-visibility location with heavy foot and vehicle traffic.
    (401) 451-2422
    Request Owner's contact information
    198 Pocasset Ave Providence, RI 02909
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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
    198 Pocasset Ave Providence, RI 02909
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