1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906
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$2,675,000 USD

Retail Property for Sale, 1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906

  • MLS#1421293
  • 1,301 m² (14,000 ft²)

Listed By Lenox Realty Group

The Retail Property for Sale located at 1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906 is currently for sale. 1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906 is listed for $2,675,000.

Date Updated : Sep 3, 2026

Property features

Property

  • Property size: 1,301 m² (14,000 ft²)
  • Features: Basement

Lot/Land

  • Land/Lot size: 2,191 m² (23,589 ft²)

Construction

  • Year built: 1920
  • Construction: Brick
  • Basement and foundation: Full Basement

Security

  • Features: Fire Alarm

Heating and Cooling

  • Heating System: BaseboardOilSteam
  • Cooling System: Air Conditioning

Utilities

  • Other utilities: WaterNatural GasSewerGasMunicipal Water

Description

GENERATIONAL ASSET FOR SALE! A truly rare 4-lot portfolio on Providence's bustling North Main Street corridor. Featuring 2 busy commercial storefronts, two separate 3-family residential homes, 2 additional upper-level 2BR apartments, two garage buildings, and a buildable rear residential parcel—this property offers unparalleled versatility. This property presents many options for a new owner. Option 1 - Operate the existing 8 residential units, 2 commercial spaces, and garage buildings as a stabilized, inflation-hedged rental engine with significant room to push rents via minor cosmetic upgrades. Option 2 - Capitalize on the existing structures for steady holding cash flow while permitting and constructing additional residential density on top of current footprints or on the separate rear lot. Option 3- Zoned C-2 (Community Commercial) and located within Providence’s Transit-Oriented Development (TOD) Overlay, the site allows for high-density multi-family housing, medical, office, retail, or mixed-use development by-right. The options are yours but this is a can't miss opportunity with direct access to US-1, I-95, Brown University, and Miriam Hospital ensuring perpetual tenant demand across both commercial and residential components.

Location

1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906

1158 1172 N. Main and 81 Nashua Street, Providence, Rhode Island 02906