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Versatile Mixed-Use Property in Providence
For Sale
$449,000
Pending

559 Branch, Providence, RI 02904

Three-unit mixed-use property with commercial and residential spaces.

Property Size2,931 SF
Days on Market120

Property Features for 559 Branch

General Information

Standard status Pending
Size 2,931 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,615

Amenities

Gas Heating

Building Details

Year Built 1920
Listing Agency: BHHS COMMONWEALTH REAL ESTATE
Listed By: THE HIRALDO GROUP
Source: Corcoran
Added: Apr 14 Changed: Aug 8 Last Checked: Aug 8 at 3:27PM

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 BHHS COMMONWEALTH REAL ESTATE

Investment Insights

Based on property information with market context.

This versatile three-unit mixed-use property features two residential units on the second and third floors. The first floor includes a commercial space previously rented to a church. The property offers the potential to convert to a full multi-family setup, create a live/work opportunity, or rent the commercial space for income. The property is located just off Routes 146 and I-95, less than a quarter mile from the highway, providing commuting access. It is close to shopping, restaurants, and everyday essentials, and is situated directly on a bus line. The property includes off-street parking and a small yard. The entire property is now fully vacant.

Key Highlights

  • Versatile 3‑unit mixed‑use property with potential for various configurations.
  • Excellent location near Routes 146 and I‑95, providing easy commuting.
  • Fully vacant, ready for immediate use and customization.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply Hair Salon

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

832
Businesses Nearby

Demographics for 02904, RI

31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit mixed-use property with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 559 Branch Providence, RI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Versatile 3‑unit mixed‑use property with potential for various configurations.; Excellent location near Routes 146 and I‑95, providing easy commuting.; Fully vacant, ready for immediate use and customization.
More about this property
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