1. Rhode Island
  2. Providence
  3. 365 Atwells Avenue
$3,500,000

365 Atwells Avenue, Providence, RI 02903

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Phenomenal opportunity in the heart of Historic Federal Hill, Providence! Package deal - This mixed-use building is being sold in combination with adjacent vacant lots, 172 Spruce & 4 McCoy (Corner lots - Atwells & Spruce), to provide the perfect opportunity for development. All three parcels are zoned C2. 365 Atwells Ave provides a solid, well-maintained, brick building, currently includes 6 residential units, and one long-standing, award-winning Italian Restaurant. Many long-term tenants with excellent rental history are currently priced well below market value. This building has been well-maintained with several recent upgrades, including brand new roof, new vinyl siding, and exterior carpentry/paint improvements. Gas and electric are all separately metered (tenants pay). Each unit has their own unique features, including one 3rd floor unit that expands into a 4th floor loft space. Each unit provides central AC/heat. Great parking. Highly sought-after location, walking distance to downtown and centrally located to shopping, entertainment, and Historic Federal Hill charm. Easy access to train station, public transportation, and highways. 5-10 minutes to area hospitals (RI Hospital, Hasbro, Women & Infants, Roger Williams, VA Med Center), universities (JWU, PC, RIC, Brown, RISD), and state offices. Quick commute to Boston. Invest in Providence's booming housing market. Lead certificates are current. Restaurant has net lease, inquire for detailed expense info.

Listing Status:
Active
Date Added:
July 10, 2025 at 05:00AM
Listing Office:
RentProv Realty : 401-223-2222
MLS ID:
1389593
  • Laundry: Common Area
  • Basement: Partial
  • A/C: Central Air
  • Heating: Central

This listing courtesy of RentProv Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Carl G. Lauro Elementary School

99 Kenyon St, Providence, RI, 02903

Grades KG-5

0.26 miles away

W

West Broadway Middle School

29 Bainbridge Ave, Providence, RI, 02909

Grades 5-8

0.56 miles away

C

Classical High School

770 Westminster St, Providence, RI, 02903

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1757 Plainfield Pike, Johnston, RI 02919New listing icon New - 2 days ago
Commercial Property

$2,900,000

  • 2.35 acre lot
1757 Plainfield Pike Johnston, RI 02919

#1390052 - Smith and Oak Real Estate Co.