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

622 Union Avenue, Providence, RI 02909

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.

Listing Status:

Active

Date Added:

September 2, 2025 at 05:00AM

Listing Office:

Lila Delman Compass : 401-789-6666

MLS ID:

1394050

Interior

• Basement: None
• Heating: GasSteam

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Lila Delman Compass