Providence, RI 02909,622 Union AVE
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Providence, RI 02909,622 Union AVE
Providence, RI 02909,622 Union AVE
Providence, RI 02909,622 Union AVE
Providence, RI 02909,622 Union AVE

$745,000

Est. payment /mo

$799,900

6.9%
Est.Price: ?

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622 Union AVE Providence, RI 02909

3,049 Sqft Lot

SOLD DATE : 01/14/2026

Key Details

Sold Price $745,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Silver Lake

MLS Listing ID 1394050

Year Built 1922

Annual Tax Amount $10,877

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Commercial

Property Description

Motivated Seller - to be sold with an adjoining vacant lot, currently used for parking and was previously a buildable lot, offering further expansion or development potential. Welcome to a truly one-of-a-kind opportunity this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates. The former bar not included in the sale presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property's mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. There is nothing like this on the market and hasn't been for quite some time. Whether you're an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don't miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.

Location

State RI

County Providence

Community Silver Lake

Zoning R-3

Interior

Heating Gas, Steam

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected

Building

Story 4

Foundation Slab

Sewer Connected

Water Connected

New Construction No

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Listed by Lila Delman Compass
Bought with Lila Delman Compass
Roults Jean-Francois

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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