401-255-7704
225-231 Thayer St, Providence, RI for Sale
Storefront - FOR SALE
1/5
null | Request Cap Rate

225-231 Thayer St
Providence, RI 02912
College Hill


HIGHLIGHTS

  • Prominent corner location at the intersection of Thayer Street and Angell Street.
  • Surrounded by Brown University, RISD, and multiple educational institutions.
  • Benefits from substantial pedestrian activity generated by students, faculty, and residents.
  • Excellent visibility to both vehicular and foot traffic along a major neighborhood commercial corridor.
  • Located among a diverse mix of restaurants, retailers, cafés, and service-oriented businesses.

OVERVIEW

Extremely rare opportunity to acquire one of the most prominent commercial corners in the Brown University/RISD commercial corridor. Approximately 2,347 SF, masonry, 3-unit , fully occupied retail building, 2,756 SF parcel zoned C-2 with an Educational and a Historic Landmark District Overlay allowing a maximum height of 50 FT with no setbacks. Allowed uses are mixed retail, multi-unit residential and educational use. Approximate Net Income: $230,000.00 Bidding ends at noon, September 15, 2026 For Non-Disclosure Agreement and Offering Memorandum e-mail Heather Carnevale / hcarnevale@scottire.net with your name, entity name and contact information. FOR DETAILS: Peter M. Scotti & Associates, Inc. 24 Bridge Street, Providence, RI 02903 401-421-8888 / 401-255-7704 (cell) pmgbs@scottire.net

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Angell St

LAND ACRES

0.06 AC

LAND SF

2,757 SF

ZONING

C-2

APN/PARCEL ID

PROV-120175-000000-000000

ASK ABOUT THIS PROPERTY

Peter ScottiPeter Scotti & AssociatesMore Info
401-255-7704

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Peter ScottiPeter Scotti & AssociatesMore Info
401-255-7704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.