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Mixed-Use Building on Atwells Avenue
For Sale
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219-223 Atwells Ave, Providence, RI

Three-story mixed-use building with retail and apartments for sale.

Property Size7,433 SF
Lot Size0.08 Acres
Price / SF$133.86
Days on Market1385

Property Features for 219-223 Atwells Ave

General Information

Standard status Active
Size 7,433 SF
Lot size 0.08 Acres
Property subtype MULTIFAMILY
Listing Agency: Rodman Real Estate, Inc.
Listed By: Sheldon E Rodman
Source: Moodyscre
Added: Oct 28, 2022 Changed: Aug 8 Last Checked: Aug 12 at 10:53AM

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 Rodman Real Estate, Inc.

Investment Insights

Based on property information with market context.

The subject property features a 7,433 square-foot, three-story building situated on a 3,681 square-foot lot. The ground floor comprises two commercial storefronts, while the upper floors house one three-bedroom, one-bathroom apartment and three two-bedroom, one-bathroom apartments. One of the retail spaces is currently leased to a restaurant, and three of the apartments are also occupied by tenants. The property has 50 feet of frontage on Atwells Avenue and 73 feet on Messenger Street. Traffic count is 5,423 ADDT as of August 2014.

Key Highlights

  • Three‑story building with a mix of commercial and residential units.
  • Two commercial storefronts on the ground floor.
  • Four apartments on the upper floors (one 3‑bedroom, three 2‑bedroom).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Tanning Salon Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Three-story mixed-use building with retail and apartments for sale.
Where is this mixed-use property located?
The property is located at 219-223 Atwells Ave Providence, RI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three‑story building with a mix of commercial and residential units.; Two commercial storefronts on the ground floor.; Four apartments on the upper floors (one 3‑bedroom, three 2‑bedroom).
(401) 273-2270 Call to check price and availability
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