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Property profile & analytics
FOR SALE
Retail space

65 Weybosset St Unit 122 & 123 & 023 Providence, RI 02903

Built 1828
Property ID
US76-Q001743
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Year built 1828
UPID US76-Q001743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sr22 Insurance Marketing & Advertising
  • environs (Bike/Boat/Book/etc) Store
  • Lofty Designs Florist | Flower Delivery Providence RI (Bike/Boat/Book/etc) Store Florist
  • Inkwell Communications Marketing & Advertising Advertising Agency
  • Rogue Island Local Kitchen & Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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