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Mixed-Use Property in Silver Lake
For Sale
$599,999
Pending

196 Pocasset Avenue, Providence, RI 02909

Mixed-use property with commercial and residential units in Providence.

Property Size4,162 SF
Days on Market107

Property Features for 196 Pocasset Avenue

General Information

Standard status Pending
Size 4,162 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $8,584

Amenities

3

Building Details

Year Built 1900
Listing Agency: BHHS Commonwealth Real Estate
Listed By: The Hiraldo Group
Source: Xome
Added: May 10 Changed: Aug 23 Last Checked: Aug 24 at 4:00AM

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 BHHS Commonwealth Real Estate

Investment Insights

Based on property information with market context.

Located in Providence's Silver Lake neighborhood, this mixed-use commercial property presents an investment opportunity. The property includes three income-producing units. A meat market and convenience store occupies over 2,000 square feet on the first floor. Additionally, there are two residential apartments, each offering approximately 1,000 square feet of living space with 2 bedrooms per unit. The property provides rental income from both the commercial and residential units. The building has a total size of 4,162 square feet. This property is located in an active corridor with rental demand and long-term growth potential.

Key Highlights

  • Three income‑producing units offer commercial and residential opportunities.
  • Thriving meat market/convenience store as a tenant.
  • Two spacious 2‑bedroom residential apartments.

Property Analytics

Current Use

La Familia Meat ... Grocery & Convenience Store Tienda Panaderia El ... Bakery

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Skin Care Clinic Carpet & Flooring Store

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

812
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 31% Electronics 2%
Dunkin' Donuts Dining
14,788 visits/mo 0.4 miles
Family Dollar Shops & Services
8,379 visits/mo 0.2 miles
El Rancho Grande Dining
4,439 visits/mo 0.5 miles
Boost Mobile Electronics
536 visits/mo 0.3 miles
Fisher Auto Parts Shops & Services
499 visits/mo 0.4 miles

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Retail in Providence, RI

8.5% 2019
8.8% 2020
7.9% 2021
6.2% 2022
6% 2023
5% 2024
6.7% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial and residential units in Providence.
Where is this mixed-use property located?
The property is located at 196 Pocasset Avenue Providence, RI.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Three income‑producing units offer commercial and residential opportunities.; Thriving meat market/convenience store as a tenant.; Two spacious 2‑bedroom residential apartments.
More about this property
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