640 Elmwood, Providence, RI, 02907

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.

Commercial/Business
$645,000
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Commuter Bus, Highway Access, Recreational Facilities, Restaurants, Schools
Interior
Living Area3,274 sq. ft.
HeatingForced Air
CoolingCentral Air, Individual Unit
FurnishedUnfurnished
Interior FeaturesCeiling Height (9 to 12 Ft)
Additional Information
Tax Assessment$580,400
ZoningC2
Listed By: Broadway Real Estate Group

Information is deemed reliable but is not guaranteed.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

Reset password

Enter your email address and we will send you a link to change your password.