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Freestanding Retail Space with Patio
New
For Sale
$295,000

521 South Water Street 113, Providence, RI 02903

Open commercial space with large windows, high ceilings, central air conditioning, and a private bathroom.

Property Size346 SF
Price / SF$852.60
Days on Market3

Property Features for 521 South Water Street 113

General Information

Standard status Active
Size 346 SF

Amenities

brick patio
high ceilings
commercial-grade sink
private bathroom
central air conditioning

Building Details

Year Built 1985
Listing Agency: Residential Properties Ltd.
Listed By: Gerri Schiffman · License #RES.0025339
Source: Alpernandmesenbourg
Added: Sep 14 Last Checked: Sep 15 at 7:16PM

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 freestanding commercial condo offers a flexible, open interior suited to retail, café, eatery, creative office, or boutique use. The space includes abundant windows, high ceilings, a commercial-grade sink, private bathroom, and central air conditioning. A brick patio enclosed by a low stone wall adds an outdoor component to the property, which sits at the end of the Corliss Landing complex beside association-maintained grounds.

The property is located in Corliss Corner near Bridge Street, with access to nearby shops, cafés, restaurants, and the riverfront. The address is 521 South Water Street, with an alternate address of 107 Wickenden Street. Built in 1985, the vacant space provides a compact commercial setting for an owner-occupant or business concept requiring an adaptable layout.

Key Highlights

  • Freestanding commercial condo at the end of the Corliss Landing complex
  • Brick patio enclosed by a low stone wall
  • Open layout with abundant windows and high ceilings

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Store Catering Service

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

6,343
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Providence, RI

11.3% 2019
11.9% 2020
11.1% 2021
12.7% 2022
12.3% 2023
12.6% 2024
12.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open commercial space with large windows, high ceilings, central air conditioning, and a private bathroom.
Where is this retail space located?
The property is located at 521 South Water Street 113 Providence, RI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Freestanding commercial condo at the end of the Corliss Landing complex; Brick patio enclosed by a low stone wall; Open layout with abundant windows and high ceilings
More about this property
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