124 Providence St, Woonsocket, RI 02895-5140

This exceptional mixed-use property in Woonsocket, Rhode Island, presents a unique investment opportunity. Located at 124 Providence Street, this 8,712 square foot lot features two buildings totaling three units. The first building is a two-family home, offering two separate apartments ideal for multi-generational living or rental income. One apartment is a three-bedroom townhouse-style unit on the second floor, while the other is located on the first floor. Adjacent to the residential building is a well-established diner, currently leased and generating rental income. This diner, a local favorite, serves breakfast and lunch. The property boasts ample parking for tenants and residents. Built in 1900, this three-story property offers a blend of residential comfort and commercial potential. The property is zoned for commercial, restaurant, bar, and residential use, providing flexibility for future development or continued operation as a mixed-use property. This is an excellent opportunity to acquire a multi-family property with existing commercial income in a desirable Rhode Island location. The property is situated in Providence County, zip code 02895. This multifaceted investment offers a compelling combination of residential living and established commercial income.