Realmo Analytics
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Entity Owned 
For Sale
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Property summary
This exceptional mixed-use property at 153 Messer Street in Providence, Rhode Island, presents a unique investment opportunity. The 2,664 square foot lot houses a charming building constructed in 1920, featuring a ground floor commercial space and a second-floor residential apartment. Currently operating as a grocery store, the first floor commercial space includes all existing inventory in the sale. The second-floor apartment offers three bedrooms, a full bath, a kitchen, and a living area. … A partially finished basement adds further potential for expansion or storage. This property benefits from a convenient location near major roadways, schools, and other amenities. The building is readily accessible for showings. The asking price for this turnkey operation is $799,900. This is a rare chance to acquire a well-established business with significant upside potential, combined with a rental income stream from the residential unit. The property's blend of commercial and residential use makes it an attractive investment for both seasoned and new investors seeking a strong return on investment in a thriving Rhode Island market. The inclusion of all existing inventory in the sale provides an immediate revenue stream for the new owner. Don't miss this opportunity to own a piece of Providence's vibrant commercial landscape.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
Value estimate
· Nov 2026Realmo valuation models over county records and 21 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,586 SF
- Lot area
- 0.06 ac
- Year built
- 1920
- Stories
- 2
- APN
- PROV M:37 L:64
- Zoning
- R-3
- Assessed value · 2023
- $247,200
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Providence market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
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- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
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- Lead Lists by Intent
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- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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