65 Weybosset Street #122 & 123 & 023, Providence, RI 02903
Turn-key retail space in prime downtown location for sale.
- Added:
- Jun 25, 2025
- Days on Market:
- 354
- Last Refresh:
- Apr 25 at 6:33 am
Property Features for 65 Weybosset Street #122 & 123 & 023
General Information
- Standard status
- Active
- Size
- 1,278 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1828
Listing agent Don Martone (401) 954-0270
Listing office Bond Brokerage (401) 954-0270
Listing date Jun 25, 2025
Source Liongatere
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 Bond Brokerage
HighLights
- Prime downtown location in the historic Arcade building.
- Newly renovated combined units with over $180,000 in upgrades.
- Turn‑key condition, ready for immediate use.
- Built‑in traffic from residences and downtown businesses.
- Suitable for sale or lease.
- Includes basement storage (412 SF) in addition to 1,278 SF.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $24.60 |
| − Vacancy | −$1.2k | −$0.93 |
| EGI | $30.2k | $23.67 |
| − OpEx | −$7.6k | −$5.92 |
| NOI | $22.7k | $17.75 |
Alternative Uses
Current Use by Public Records
Map
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4128
- Latitude
- 41.8204
