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Mixed-Use Building with Retail
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20 Westminster St, Providence, RI 02903

Combines first-floor retail with five residential floors and fully occupied apartments.

Property Size13,464 SF
Days on Market228

Property Features for 20 Westminster St

General Information

Standard status Active
Size 13,464 SF
Property subtype MULTIFAMILY
Occupancy 100%
Net Operating Income $290,656

Additional Details

Multifamily Units 10

Building Details

Stories 6
Listing Agency: Sweeney Real Estate &Appraisal
Listed By: Thomas O Sweeney
Source: Moodyscre
Added: Jan 16 Changed: Aug 30 Last Checked: Aug 31 at 1:36PM

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 Sweeney Real Estate &Appraisal

Investment Insights

Based on property information with market context.

This 13,464-square-foot mixed-use building combines first-floor retail with a residential component extending across five floors. The residential portion contains 10 units and is 100% occupied. A first-floor retail option agreement is in place, creating an established commercial component within the property’s overall configuration.

The building is located at 20 Westminster St in Providence’s Downtown Financial District, with 97+ FT of frontage on Westminster Street and visibility from Memorial Blvd. It is adjacent to Brown and RISD and neighbors the Textron Building, Turks Head, One Financial, and the Beatrice Hotel. The property is positioned within an area identified as having high walking traffic.

Key Highlights

  • 13,464 SF mixed‑use building with first‑floor retail and five residential floors
  • Residential component includes 10 Units and is 100% Occupied
  • 97+ FT of frontage on Westminster Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Locksmith Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,399
Businesses Nearby

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

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 - Combines first-floor retail with five residential floors and fully occupied apartments.
Where is this mixed-use property located?
The property is located at 20 Westminster St Providence, RI.
What are key features of this property?
This property features: 13,464 SF mixed‑use building with first‑floor retail and five residential floors; Residential component includes 10 Units and is 100% Occupied; 97+ FT of frontage on Westminster Street
(401) 523-5101 Call to check price and availability
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