For Sale
$409,000

65 Weybosset StProvidence, RI 02903

Historic Downtown Providence Restaurant/Retail

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a newly renovated, 1,278-square-foot retail space in the iconic Arcade, Providence's first enclosed shopping mall, a National Historic Landmark since 1976. Located at 65 Weybosset Street, this property boasts three combined units (Parcel numbers 20-130-023, 123, 122) totaling 1,278 square feet, including 412 square feet of semi-finished basement storage. Built in 1828, this prime downtown location benefits from significant foot traffic generated by nearby businesses and residents within the mixed-use building. The space, previously configured for fast-casual food service, features over $180,000 in recent upgrades and is offered for sale at $409,000 with a triple net (NNN) lease available. The property is currently vacant and zoned D-1-300, situated on a 0.47-acre lot. This turnkey opportunity is ideal for a variety of retail or restaurant concepts, capitalizing on the high visibility and historical significance of this landmark building in Providence's financial center. The property's location within the bustling downtown area ensures consistent exposure to a large customer base.

Highlights

  • $409,000 asking price for a vacant, 1,278 square foot retail property.
  • NNN lease type available.
  • Three units totaling 1,278 square feet, including 412 square feet of semi-finished basement storage.
  • Located at 65 Weybosset Street, Providence, RI 02903, in the historic Arcade building (APN: 20-130-023, 123, 122).
  • 0.47-acre lot, built in 1828, with D-1-300 zoning.
  • Recently renovated with over $180,000 in upgrades, ideal for fast-casual food service.

Property Details for 65 Weybosset St

Property type
Retail properties, Bars
Square Feet
1,278 SF
Year Built
1828
Buildings
1
Lot Size (sq. ft)
20,473 SF
Units
3

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.823928
Longitude
-71.4104059
65 Weybosset St, Providence, Rhode Island

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65 Weybosset St
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