Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

119 Mathewson St Providence, RI 02903-1806

  • Investment properties
  • 7,144 SF
  • 0.10 lot acres
OFF-MARKET
Value Estimations
$405,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US76-0064255
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 119 Mathewson St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.10 lot acres
Property size
7,144 SF
Zone code
D-1-12
Property type
Investment properties
Property subtype
Live-work space
APN
PROV M:25 L:341
APU
PROVM25L341

Description

This exceptional 7,144 square foot property, the Rialto Theater, presents a unique investment opportunity in Providence, Rhode Island's vibrant arts district. Built in 1829 and extensively renovated in 1906 and 1919, this historic vaudeville theater boasts a rich legacy as a performing arts space. Currently vacant, the building offers significant potential for redevelopment. The main theater retains its original stadium-style seating, while the adaptable second floor, featuring a balcony and non-load-bearing walls, allows for expansion and increased capacity, potentially reaching 300-500 people. Adding balcony seating along the sidewalls could create additional "box seating." The property sits on a 9,107 square foot lot and includes a 27-car parking lot generating steady income, which is potentially separable from the sale. Zoned D-1-120, this versatile building is suitable for various uses, including educational purposes, and offers a compelling blend of historical charm and modern development possibilities. The asking price is $1,850,000, translating to $258.96 per square foot. This is a rare chance to acquire a piece of Providence's history and shape its future.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $405,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $409,000
    Market price range: $328k - $1.02M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4144
Latitude
41.8226
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$314,600
$261,500
$576,100
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message