Property summary
This exceptional investment opportunity presents a newly renovated, 1,278-square-foot retail space in the iconic Arcade, Providence's first enclosed shopping mall, a National Historic Landmark since 1976. Located at 65 Weybosset Street, this property boasts three combined units (Parcel numbers 20-130-023, 123, 122) totaling 1,278 square feet, including 412 square feet of semi-finished basement storage. Built in 1828, this prime downtown location benefits from significant foot traffic generated by nearby businesses and residents within the mixed-use building. The space, previously configured for fast-casual food service, features over $180,000 in recent upgrades and is offered for sale at $409,000 with a triple net (NNN) lease available. The property is currently vacant and zoned D-1-300, situated on a 0.47-acre lot. This turnkey opportunity is ideal for a variety of retail or restaurant concepts, capitalizing on the high visibility and historical significance of this landmark building in Providence's financial center. The property's location within the bustling downtown area ensures consistent exposure to a large customer base.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Florist
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Marketing & Advertising Advertising Agency
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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