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Turnkey Mixed-Use Property
For Sale
$1,490,000
Pending

15 Thomas St, North Providence, RI 02911

Mixed-use property with multiple income streams in North Providence.

Property SizeContact for details
Days on Market105

Property Features for 15 Thomas St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: Westcott Properties
Listed By: Joy Riley · License #3100765
Source: Liongatere
Added: Apr 25 Changed: Jul 10 Last Checked: Jul 23 at 6:01AM

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 Westcott Properties

Investment Insights

Based on property information with market context.

This mixed-use property is located in North Providence's CV zone. The property features multiple income streams and flexibility for investors and owner-users. The first floor includes two commercial suites: a real estate office with two private rooms and a half bath, and a three-room bridal salon. Both suites have central air. The lower level features a nail salon and a separate 1-bed, 1-bath apartment, suitable for supplemental rental income. Upstairs, a two-story townhouse-style apartment includes six bedrooms, two full bathrooms, and a common living area. It is currently used as workforce housing. Additional features include gas heat, central AC, ample off-street parking, and a detached cottage for added residential or office use. The property is located near Route 44 and I-295, offering stability and multiple configurations.

Key Highlights

  • Turnkey mixed‑use property with multiple income streams.
  • Desirable CV zone location in North Providence, near Route 44 and I‑295.
  • Spacious two‑story, six‑bedroom townhouse‑style apartment, currently used as high‑demand workforce housing.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency Grocery & Convenience Store Parking Lot & Garage Skin Care Clinic Storage Facility

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

560
Businesses Nearby

Demographics for 02911, RI

16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with multiple income streams in North Providence.
Where is this mixed-use property located?
The property is located at 15 Thomas St North Providence, RI.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Turnkey mixed‑use property with multiple income streams.; Desirable CV zone location in North Providence, near Route 44 and I‑295.; Spacious two‑story, six‑bedroom townhouse‑style apartment, currently used as high‑demand workforce housing.
More about this property
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