Mixed-Use Property with
For Sale
$980,000
498 Washington Street, Providence, RI 02903
Three residential apartments sit above a ground-floor storefront with C2 zoning and separately metered utilities.
Property SizeContact for details
Days on Market228
Property Features for 498 Washington Street
General Information
Standard status
Active
Property subtype
Multi-Family
Zoning
C2
Additional Details
Utilities to Site
Yes
Amenities
Gas
Hot Water
Ductless
Gas Water Heater
Sewer Connected
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Residential Properties Ltd
(401) 439-7705
Listed By:
Jane Driver
Source:
Kw
Added: Jan 6
Changed: Aug 22
Last Checked: Aug 21 at 2:34PM
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.
This 1900 mixed-use property combines three apartments with a street-level storefront. The residential spaces receive substantial natural light, with south-facing kitchens, refreshed paint, and hardwood flooring that has been installed or refinished. Kitchens include new stainless appliances, while each apartment has its own high-efficiency heating system and individually metered utilities. Basement amenities include coin-operated laundry and a house meter.
The property is located at 498 Washington Street in Providence’s Armory/Broadway neighborhood. Its C2 zoning supports a range of uses, and the storefront provides commercial space alongside the residential component. Exterior features include Hardy Board siding, automatic outdoor lighting, a car charger, and a detached garage with possible ADU potential. The building is up to current fire-code requirements and is connected to sewer.
The property is located at 498 Washington Street in Providence’s Armory/Broadway neighborhood. Its C2 zoning supports a range of uses, and the storefront provides commercial space alongside the residential component. Exterior features include Hardy Board siding, automatic outdoor lighting, a car charger, and a detached garage with possible ADU potential. The building is up to current fire-code requirements and is connected to sewer.
Key Highlights
- Three apartments plus a ground‑floor storefront
- C2 zoning supports a wide range of uses
- Each apartment has a separate high‑efficiency heating system and individually metered utilities
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,736
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three residential apartments sit above a ground-floor storefront with C2 zoning and separately metered utilities.
Where is this mixed-use property located?
The property is located at 498 Washington Street Providence, RI.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Three apartments plus a ground‑floor storefront; C2 zoning supports a wide range of uses; Each apartment has a separate high‑efficiency heating system and individually metered utilities
