875 Westminster St Providence, RI 02903
This exceptional commercial property at 875 Westminster Street in Providence, Rhode Island, presents a remarkable investment opportunity. Boasting 19,625 square feet on a three-story building constructed in 1910, this versatile property is currently configured as a multi-use retail space (pawn, furniture, and jewelry shop). Its prime location in a high-traffic area ensures excellent customer visibility. The building features an elevator for convenient access to all three floors, a comprehensive security alarm system, and a truck loading door for efficient logistics. Ample parking is available with approximately 18 off-street spaces. The property's long-standing business history and diverse zoning potential make it ideal for a variety of uses, from retail to office space. This is a unique chance to acquire a well-established commercial property in a thriving downtown Providence location, offering limitless potential for an owner-occupant or investor seeking a high-return investment. The asking price is $2,225,000.
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Reliable Jewelry & Loan (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.