$625,000
$645,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
640 Elmwood AVE Providence, RI 02907
3,274 SqFt
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,274 sqft
Price per Sqft $190
MLS Listing ID 1412754
Sold Date 07/08/26
HOA Y/N No
Abv Grd Liv Area 3,274
Year Built 1928
Annual Tax Amount $16,948
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Commercial
Property Description
Excellent investment opportunity located in the heart of historic Elmwood on a well traveled commercial corridor with outstanding visibility and exposure. This meticulously maintained 3,500 square foot four unit commercial property is fully occupied with established commercial business storefronts, offering strong and stable rental income. A rare opportunity to own a turnkey asset in a high traffic location, the property has been extensively renovated and rebuilt and was owner occupied for more than four decades, reflecting exceptional pride of ownership throughout. The property features numerous upgrades, and quality finishes, making it equally attractive for investors or future owner users. With potential for future mixed-use 2nd and 3rd floor residential development opportunities, this versatile commercial building combines long term stability, functionality, and upside in one of the area's most sought after commercial settings.
Location
State RI
County Providence
Zoning C2
Rooms
Basement Partial
Interior
Heating Forced Air
Cooling Central Air, 1 Unit
Furnishings Unfurnished
Exterior
Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, High Traffic Location
Utilities Available Natural Gas Connected, Sewer Connected
Total Parking Spaces 6
Building
Story 1
Foundation Combination
Sewer Connected
Water Connected
Level or Stories 1
Structure Type Brick
New Construction No
Others
Tax ID 640-8ELMWOODAVPROV
Security Features Security System,Fire Alarm
Financing Cash
Read Less
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Bought with Broadway Real Estate Group
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