• UNDER CONTRACT

640 Elmwood Avenue -8

Providence, RI 02907

  • $645,000
  • 3,274 Sqft
  • 1928 Built
  • $197 Price/Sqft

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.

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Property Highlights
  • DAYS ON MARKET : 4
  • MLS : 1412754

Additional Information

ADDITIONAL INFORMATION
  • BASEMENT DESCRIPTION: Partial
  • DAYS ON MARKET: 4
  • ELECTRICAL FEATURES: 100 Amp Service
  • LIVING AREA SQFT: 3274
  • ON MARKET DATE: 2026-05-15
  • PARKING SPACES: 6
  • TAX AMOUNT: $16,948
  • TAX YEAR: 2025
  • TYPE: Commercial Sale
  • UNIT COUNT: 4
  • UTILITIES: Natural Gas Connected, Sewer Connected, Water Connected
  • YEAR BUILT: 1928
AMENITIES
  • Restaurant
INTERIOR/EXTERIOR FEATURES
  • CONSTRUCTION MATERIALS: Brick
  • COOLING: Central Air
  • FOUNDATION: Combination
  • HEAT: Forced Air

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Location for 640 Elmwood Avenue -8, Providence, RI

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Rhode Island, Rhode Island

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  • William Pitt Sotheby's International Realty

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 06/13/2026. Listed By: Michelle Savastano of Broadway Real Estate Group (401.354.7969).