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    Mixed-Use Property on Broad Street Title is generated by Realmo AI

    1445 Broad Street, Providence, RI 02905

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    Mixed-use property with commercial space and residential units for sale.

    Type:Mixed Use, Office, Land, Retail
    Property size:
    2,297 SF
    Price / SF:
    $261/SF
    Added:
    Feb 21, 2026
    Days on Market:
    135
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1445 Broad Street

    General Information

    Standard status
    Active
    Size
    2,297 SF
    Property subtype
    Mixed Use, Office, Land, Retail

    Building Details

    Year Built
    1930

    We can help!

    Contact an agent
    Denise Silva

    Listing office Weichert Realtors-Atlantic Prp

    Listing date Feb 21, 2026

    Source Crexi

    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 Weichert Realtors-Atlantic Prp

    HighLights

    • Prime first‑floor commercial space ideal for owner‑occupant.
    • Supplemental income from residential units above.
    • Off‑street parking.
    • Strong value‑add opportunity with potential to enhance cash flow.
    • Prominent street presence on Broad Street.
    • Flexible configuration suitable for active ownership or portfolio expansion.

    Overview

    This mixed-use property on Broad Street offers a first-floor commercial space suitable for an owner-occupant looking to operate their business on-site and generate income from residential units above. The layout provides a blend of commercial functionality and rental stability. The property presents a value-add opportunity with the potential to enhance cash flow through strategic leasing and management. It includes off-street parking and a prominent street presence. The property is suitable for both active ownership and portfolio expansion. The property size is 2297 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $62.0k $27.00
    − Vacancy −$9.6k −$4.19
    EGI $52.4k $22.81
    − OpEx −$13.1k −$5.70
    NOI $39.3k $17.11
    2,297 SF · lease $27.00/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $561.5K
    $491.3K – $655.1K (±1% cap)
    NOI $39,305 @ 7.0% cap · market cap 6.55%
    Second Best
    Retail
    $488.5K
    $427.5K – $569.9K (±1% cap)
    NOI $34,196 @ 7.0% cap · market cap 5.70%
    Theoretical Best
    Office A
    $768.5K
    $672.4K – $896.6K (±1% cap)
    NOI $53,793 @ 7.0% cap · market cap 8.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triumph Realty LLC Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Dental Office Clothing & Fashion Store Skin Care Clinic Acupuncture Nursing Home Electrical Service Bed & Breakfast Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4033707
    Latitude
    41.787757

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential units for sale.
    Where is this mixed-use property located?
    The property is located at 1445 Broad Street Providence, RI.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Prime first‑floor commercial space ideal for owner‑occupant.; Supplemental income from residential units above.; Off‑street parking.
    More about this property
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