Three-Property Mixed-Use
For Sale
$2,650,000
550 Broad Street, Providence, RI 02907
Commercial/Business,Commercial Sale, Providence, RI
Property SizeContact for details
Lot Size0.19 Acres
Days on Market9
Property Features for 550 Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Rooms
Basement
Parking
30
Security features
Security
Interior features
Ceiling Height (7 to 9 Ft)
Basement
Full
Subdivision
Broad Street
Lot features
Corner Lot, Fenced, Paved, Security, Sidewalks, Underground Utilities, Local Historic District, Downtown, Historic, Urban
Standard status
Active
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10077
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas, Steam, Central
Cooling system
Ductless, Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Building materials
Brick, Masonry
Architectural style
Victorian
Listing Agency:
Residential Properties Ltd.
(401) 245-9600
Listed By:
Collin Marchand · License #RES.0044072
(401) 626-9750
Added: Sep 18
Changed: Sep 25
Last Checked: Sep 26 at 12:06PM
MLS# 1423442
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering combines 550 Broad Street, 568 Broad Street, and 118 Comstock Avenue in Providence. The properties include residential units, commercial space, and restaurant improvements, with approximately 30-40 parking spaces distributed across the sites. Current occupancy includes 11 tenants, while several units are vacant and three are undergoing renovation.
118 Comstock Avenue is a three-story commercial/residential building with approximately 3,107 square feet on a 6,234-square-foot lot and nine one-bedroom units. At 550 Broad Street, the three-story air-conditioned building contains approximately 5,243 square feet on a 7,332-square-foot lot, eight one-bedroom units, eight baths, and paved parking; two additional units may be possible with required approvals. 568 Broad Street provides approximately 1,871 square feet of updated restaurant/commercial space, including a new mini-split system, one bathroom, paved parking, and seating for approximately 15 guests. The established El Rincon restaurant business is available separately.
118 Comstock Avenue is a three-story commercial/residential building with approximately 3,107 square feet on a 6,234-square-foot lot and nine one-bedroom units. At 550 Broad Street, the three-story air-conditioned building contains approximately 5,243 square feet on a 7,332-square-foot lot, eight one-bedroom units, eight baths, and paved parking; two additional units may be possible with required approvals. 568 Broad Street provides approximately 1,871 square feet of updated restaurant/commercial space, including a new mini-split system, one bathroom, paved parking, and seating for approximately 15 guests. The established El Rincon restaurant business is available separately.
Key Highlights
- Three properties offered together at 550 and 568 Broad Street and 118 Comstock Avenue
- Approximately 30‑40 parking spaces across the combined properties
- 118 Comstock Avenue: 3,107 square feet, 9 one‑bedroom units, and a 6,234‑square‑foot lot
Property Analytics
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Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
2,796
Businesses Nearby
Explore this area
Business Placement
Demographics for 02907, RI
29,827
Population
11,474
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
2.2 sq mi
ZIP Area
13,558
Density / Sq Mi
$49,564
Median Household Income
$32,619
Median Earnings
$1,136
Median Rent
$311,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined offering with apartments, commercial space, restaurant improvements, paved parking, and existing tenancy across three Providence properties.
Where is this mixed-use property located?
The property is located at 550 Broad Street Providence, RI.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Three properties offered together at 550 and 568 Broad Street and 118 Comstock Avenue; Approximately 30‑40 parking spaces across the combined properties; 118 Comstock Avenue: 3,107 square feet, 9 one‑bedroom units, and a 6,234‑square‑foot lot
