Mixed-Use Property with Retail
For Sale
Contact for pricing
Pending
249-257 Atwells Avenue, Providence, RI 02903
Two retail suites and two apartments combine commercial frontage with residential income potential and dedicated customer and resident parking.
Property Size6,500 SF
Lot Size0.15 Acres
Days on Market142
Property Features for 249-257 Atwells Avenue
General Information
Standard status
Pending
Size
6,500 SF
Lot size
0.15 Acres
Property subtype
Retail, Multifamily, Office, Mixed Use
Zoning
C2
Amenities
private parking lot
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Boston
Listed By:
Nicholas Verenis · License #MA 9557218
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:07PM
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 Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
This C2-zoned mixed-use property combines two storefront retail spaces with two three-bedroom apartments. The residential component totals 6,500 square feet of living area, while the retail suites measure 3,000 square feet and 1,500 square feet. Both commercial spaces are occupied under tenant-at-will arrangements. A private parking lot serves the retail and residential components, and the property occupies 0.15 acres with a total area of 14,964 square feet.
The property is located on Atwells Avenue in Providence’s Federal Hill area, less than one mile from Downtown Providence. Nearby destinations identified in the property information include Providence Place Mall, local restaurants and shopping, area universities, and Providence’s AMTRAK Station, which provides service toward Boston and surrounding areas. C2 zoning allows development up to 4 stories high.
The property is located on Atwells Avenue in Providence’s Federal Hill area, less than one mile from Downtown Providence. Nearby destinations identified in the property information include Providence Place Mall, local restaurants and shopping, area universities, and Providence’s AMTRAK Station, which provides service toward Boston and surrounding areas. C2 zoning allows development up to 4 stories high.
Key Highlights
- Two three‑bedroom apartments and two storefront retail spaces
- 6,500 sq. ft. of residential living area
- Retail suites measure 3,000 sq. ft. and 1,500 sq. ft.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,142
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two retail suites and two apartments combine commercial frontage with residential income potential and dedicated customer and resident parking.
Where is this mixed-use property located?
The property is located at 249-257 Atwells Avenue Providence, RI.
What are key features of this property?
This property features: Two three‑bedroom apartments and two storefront retail spaces; 6,500 sq. ft. of residential living area; Retail suites measure 3,000 sq. ft. and 1,500 sq. ft.
