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Mixed-Use Property with 4 Apartments
For Sale
$789,000

1270 Broad Street, Central Falls, RI 02863

First-floor commercial space complements a four-unit residential component.

Property SizeContact for details
Days on Market170

Property Features for 1270 Broad Street

General Information

Standard status Active
Property subtype Multi-family

Building Details

Year Built 1881
Listing Agency: Coldwell Banker Realty
Listed By: Beatriz Giron
Source: Milburyre
Added: Mar 15 Changed: Aug 30 Last Checked: Aug 30 at 7:02PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1881, this mixed-use property combines four residential apartments with commercial space on the first floor. The apartment mix includes two two-bedroom units and two one-bedroom units, providing a range of residential configurations within the building. The ground-level commercial area is currently occupied by a bar/restaurant. Located at 1270 Broad Street in Central Falls, Rhode Island, the property brings residential and commercial uses together in a single asset.

Key Highlights

  • Four residential apartments in the building
  • Unit mix includes two 2‑bedroom apartments and two 1‑bedroom apartments
  • First‑floor commercial space is currently rented to a bar/restaurant

Property Analytics

Current Use

Azucena's bar & Restaurant Restaurant La Hacienda Restaurant ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Electrical Service HVAC Service

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

617
Businesses Nearby

Demographics for 02863, RI

22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value

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 - First-floor commercial space complements a four-unit residential component.
Where is this mixed-use property located?
The property is located at 1270 Broad Street Central Falls, RI.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Four residential apartments in the building; Unit mix includes two 2‑bedroom apartments and two 1‑bedroom apartments; First‑floor commercial space is currently rented to a bar/restaurant
More about this property
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