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    Benefit Street Mixed-Use Investment Title is generated by Realmo AI

    161 Benefit Street, Providence, RI 02903

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    Claim this Listing
    For Sale
    $6,850,000

    COMMERCIAL - Providence, RI

    Type:Apartment
    Property size:
    9,687 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $707/SF
    Added:
    Mar 4, 2026
    Days on Market:
    72
    Last Refresh:
    May 15 at 9:06 pm

    Property Features for 161 Benefit Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Zoning
    R-3 HD
    Rooms
    Basement
    Parking
    10
    Security features
    Security Lighting
    Interior features
    Ceiling Height (7 to 9 Ft), Ceiling Height (9 to 12 Ft)
    Basement
    Partial
    Standard status
    Active
    Size
    9,687 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    58248

    Utilities

    Heating system
    Forced Air, Central
    Cooling system
    Central Air, Window Unit(s), Other (Cooling)
    Water source
    Public

    Building Details

    Year built
    1876
    Floors in Building
    4
    Number of units
    10
    Building materials
    Brick, Masonry

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    Listing Contact
    Jim DeRentis

    Listing agent Jim DeRentis

    Listing office Residential Properties Ltd. 140 Wickenden Street, RI

    Listing date Mar 4, 2026

    MLS# 1405710

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing property on Benefit Street in College Hill, near Brown University and RISD.
    • Includes a buildable lot at 54 Meeting Street (zoned R‑3 HD) currently used as 10 parking spaces.
    • Long‑term tenant: Top local restaurant occupies the combined commercial space on the first floor.
    • 9 residential units with in‑unit laundry, stone flooring, historic details (plaster moldings, marble fireplaces), and high ceilings.
    • Common areas extensively renovated in 2024 with elegant stairways and corridors.
    • Restored building front with custom wood doors/windows and handsome millwork.

    Overview

    The George Earle Building presents a unique opportunity to acquire an income-producing property on Benefit Street in Providence's College Hill, near Brown University and RISD. This multi-use, 4-level brick building features 12 units: 3 commercial spaces on the first floor and 9 residential units on the upper three floors. The common areas were extensively renovated in 2024, resulting in stairways and corridors that enhance the upscale residential atmosphere. The commercial spaces are currently combined and leased to a local restaurant, offering a long-term tenant. This space features walls of glass, exposed brickwork, and city views. The building's front has been restored with custom wood doors and windows, and millwork. The 9 residential units feature ceilings, in-unit laundry, stone flooring, and original historic details, including 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 lot size is 0.175 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Den Den Café ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.40805
    Latitude
    41.82876

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing mixed-use building 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 $6,850,000.
    What are key features of this property?
    This property features: Income‑producing property on Benefit Street in College Hill, near Brown University and RISD.; Includes a buildable lot at 54 Meeting Street (zoned R‑3 HD) currently used as 10 parking spaces.; Long‑term tenant: Top local restaurant occupies the combined commercial space on the first floor.
    More about this property
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