1. Rhode Island
2. Providence
3. 622 Union Avenue

622 Union Avenue, Providence, RI 02909

Property Description

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. An adjoining vacant lot MLS# 1388085—currently used for parking—is also available for purchase and was previously a buildable lot, offering further expansion or development potential. 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.

Listing Status:

Active

Date Added:

June 24, 2025 at 05:00AM

Listing Office:

Lila Delman Compass : 401-789-6666

MLS ID:

1388063

Interior

• Basement: None
• Heating: GasSteam

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Lila Delman Compass