Mixed-Use Multifamily with
For Sale
$979,000
546 Lonsdale Avenue, Central Falls, RI 02863
Established property with two two-bedroom apartments and an operating bar restaurant, plus a 2-car garage and extensive parking.
Property SizeContact for details
Days on Market440
Property Features for 546 Lonsdale Avenue
General Information
Standard status
Active
Property subtype
Multi-family
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Beatriz Giron
(401) 333-0010
Source:
Milburyre
Added: Jun 23, 2025
Changed: Sep 4
Last Checked: Sep 4 at 10:43AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This mixed-use property includes two residential apartments and a bar restaurant, successfully operating for more than 30 years. The apartments feature two bedrooms along with dining room and living room areas, and an eating kitchen layout. There is also a two-car garage and extensive parking to support customer and tenant needs.
Located in Central Falls, the property provides convenient access to area amenities, with proximity to railroads and highways.
The offering also notes an opportunity for subdivision, with the buyer responsible for due diligence.
Located in Central Falls, the property provides convenient access to area amenities, with proximity to railroads and highways.
The offering also notes an opportunity for subdivision, with the buyer responsible for due diligence.
Key Highlights
- Established multifamily/bar restaurant property in Central Falls, RI, operating for over 30 years
- Includes 2 residential apartments, each with 2 bedrooms plus living room and dining/eating kitchen areas
- Operating bar restaurant on site
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 02863, RI
22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
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?
Duplex - Established property with two two-bedroom apartments and an operating bar restaurant, plus a 2-car garage and extensive parking.
Where is this duplex located?
The property is located at 546 Lonsdale Avenue Central Falls, RI.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Established multifamily/bar restaurant property in Central Falls, RI, operating for over 30 years; Includes 2 residential apartments, each with 2 bedrooms plus living room and dining/eating kitchen areas; Operating bar restaurant on site
