Property profile

248 Hawkins St Providence Providence, RI 02904

FOR SALE
Other investment properties
Property ID
US76-0143247
4,546 SF 0.09 ac lot Built 2020
Entity Owned Free & Clear
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Property summary

AI-generated overview

A mixed-use building on Hawkins Street in Providence’s North End, positioned near the intersection of Branch Avenue and Charles Street and with frontage/visibility along a busy corridor. The first floor contains two commercial storefront spaces, and the second and third levels include two side-by-side townhouse-style residential apartments, each with three bedrooms and central air conditioning. The residences provide spacious, modern finished interiors, while the building has undergone extensive renovation with major interior and exterior updates and modern building systems. The property is configured to support a variety of commercial uses such as retail, office, professional, service, or other business activities, while the upper apartments are suitable for owner-occupant living or rental use.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2020
Total area 4,546 SF
Lot 0.09 ac (3,839 SF)
Zoning code C-2
APN PROV M:99 L:155
UPID US76-0143247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

248 Hawkins St, Unit Providence Providence, RI 02904
Providence metro Census 2900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2024
Price N/A
2021
Price N/A
2011
$1

Zoning & alternative use

C-2 · Providence, RI
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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