Income-Producing Mixed-Use
For Sale
$6,350,000
161 Benefit Street, Providence, RI 02903
Multi-use building on Benefit Street near Brown University and RISD.
Property Size9,204 SF
Price / SF$689.92
Days on Market283
Property Features for 161 Benefit Street
General Information
Standard status
Active
Size
9,204 SF
Property subtype
Commercial
Building Details
Year Built
1876
Listing Agency:
Residential Properties Ltd.
Listed By:
Jim DeRentis
(401) 529-2188
Source:
Residentialproperties
Added: Dec 4, 2025
Changed: Sep 12
Last Checked: Sep 13 at 10:09AM
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 Residential Properties Ltd.
Investment Insights
Based on property information with market context.
The George Earle Building presents an opportunity to acquire an income-producing property on Benefit Street in Providence's College Hill, near Brown University and RISD. This four-level brick building features 12 units: three commercial spaces on the first floor and nine residential units on the upper three floors. Common areas were renovated in 2024, with elegant stairways and corridors. The three commercial spaces are currently combined and leased to a local restaurant. This first-floor space features glass walls, exposed brickwork, and city views. The building's front has custom wood doors and windows, and millwork. The nine residential units include ceilings, in-unit laundry, stone flooring, and historic details such as plaster moldings and marble fireplaces. Many units offer views of Benefit Street and the surrounding neighborhood. The property includes a buildable lot at 54 Meeting Street, zoned R-3 HD, currently used as 10 parking spaces. The building has a total size of 9204 square feet.
Key Highlights
- Income‑producing property in a prime College Hill location, near Brown University and RISD.
- Combination of 3 commercial spaces leased to a top local restaurant, providing a long‑term tenant.
- Buildable lot at 54 Meeting Street (zoned R‑3 HD) currently used as 10 parking spaces.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 02903, RI
13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-use building on Benefit Street near Brown University and RISD.
Where is this mixed-use property located?
The property is located at 161 Benefit Street Providence, RI.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: Income‑producing property in a prime College Hill location, near Brown University and RISD.; Combination of 3 commercial spaces leased to a top local restaurant, providing a long‑term tenant.; Buildable lot at 54 Meeting Street (zoned R‑3 HD) currently used as 10 parking spaces.
