65 Weybosset St Unit 122 & 123 & 023 Providence, RI 02903
For Sale
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Position your business at the center of Providence's next retail evolution with a rare opportunity inside America's first indoor shopping mall. Located within the iconic Arcade Providence-an 1828 National Historic Landmark-this combined 1,278 SF commercial offering (including 412 SF semi-finished lower-level storage) delivers unmatched historic significance, built-in consumer traffic, and strategic downtown visibility. Comprised of three combined units with over $180,000 in recent renovations, this turnkey commercial condo is currently configured for fast-casual food service but offers flexible potential for boutique retail, hospitality, specialty food, or experiential concepts. Surrounded by thriving residential micro-lofts above, daily commuter flow, financial district professionals, and dense urban foot traffic, this asset provides immediate operational readiness in one of New England's most architecturally significant retail destinations. With the recent $133M acquisition of nearby Providence Place signaling renewed institutional confidence in Providence's retail and mixed-use future, this offering presents a compelling entry point for regional investors, expanding brands, and visionary operators seeking to establish presence ahead of broader market momentum. Historic pedigree. Strategic location. Turnkey flexibility. A flagship opportunity in the heart of downtown Providence.
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Sr22 Insurance Marketing & Advertising
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environs (Bike/Boat/Book/etc) Store
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Lofty Designs Florist | Flower Delivery Providence RI (Bike/Boat/Book/etc) Store Florist
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Inkwell Communications Marketing & Advertising Advertising Agency
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Rogue Island Local Kitchen & Bar Bar & Pub
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
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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.