Providence, RI 02909,948 Atwells AVE
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Providence, RI 02909,948 Atwells AVE
Providence, RI 02909,948 Atwells AVE
Providence, RI 02909,948 Atwells AVE
Providence, RI 02909,948 Atwells AVE

$630,000

Est. payment /mo

$650,000

3.1%
Est.Price: ?

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948 Atwells AVE Providence, RI 02909

5 Beds

3 Baths

2,490 SqFt

SOLD DATE : 09/03/2025

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,490 sqft

Price per Sqft $253

Subdivision Mount Pleasant

MLS Listing ID 1375940

Sold Date 09/03/25

Bedrooms 5

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,490

Year Built 1922

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Multi Family

Property Description

PRIME MIXED-USE OPPORTUNITY IN FEDERAL HILL'S RESTAURANT ROW. Commercial + Two Residential Units
Exceptional investment opportunity. This turnkey mixed-use property features an established restaurant space with an impressive 34-year legacy, complemented by two income-generating residential units above.
COMMERCIAL HIGHLIGHTS:
Fully equipped restaurant space with decades of successful operation
Prime location on historic Atwells Avenue with high foot traffic
Existing kitchen infrastructure and dining room setup
Established customer base and neighborhood recognition
Versatile space suitable for continued restaurant operation or new business venture
RESIDENTIAL FEATURES:
Two well-maintained rental units providing steady income stream
Separate entrances ensuring privacy for commercial and residential tenants
Ideal urban location attractive to quality tenants
Additional revenue potential through property improvements
Perfect for investors seeking a proven commercial space with built-in residential income, or entrepreneurs ready to write the next chapter of this property's story. Whether maintaining the existing restaurant concept or launching a new venture, this turnkey property offers immediate operational capability with significant upside potential.
This rare opportunity combines Providence's rich culinary heritage with modern investment potential. Don't miss the chance to own a piece of Federal Hill's vibrant business community.

Location

State RI

County Providence

Community Mount Pleasant

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Gas, Steam

Cooling None

Flooring Ceramic Tile, Hardwood, Laminate

Fireplace No

Appliance Gas Water Heater

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 5

Garage No

Building

Foundation Brick/Mortar

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 948ATWELLSAVPROV

Financing Conventional

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Listed by Compass
Bought with Century 21 Visionary Group
Thomas Goss
Thomas Goss

Agent | License ID: 35912

+1(401) 640-6894 | thomas@thegossteam.com

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