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About This Home

This 0-bedroom, 0-bathroom commercial at 56 60 River Avenue in Providence, RI is listed for $494,999. Built in 1981, on a 0.17 acres lot.

Agent Description

This rare investor and developer opportunity at 56-60 River Ave, Providence offers an M1-zoned property with approved potential uses including residential, industrial, warehouse, or investment development. It features public water & sewer, 13+ on-site parking spaces, a solid concrete/masonry structure, and a large 7,220 sq.

ft. lot ideal for renovation, expansion, or multi-unit conversion. The project has already begun transitioning into residential use and includes two professional plan sets one for a larger multi-unit concept and another for a smaller conversion providing full flexibility for your investment strategy.

Located in Providence's high-demand Mount Pleasant/Elmhurst area, the property is just minutes from Downtown, top colleges in Providence, and is close to shopping, restaurants, parks, community centers, hospitals, and major commuter routes including I-95 & Route 146. This makes it a prime location for multi-unit housing, student rentals, corporate rentals, or mixed-use development.

Key Features

  • Built in 1981
  • 0.17 acre lot
  • 13 parking spaces

Property Details

1 story
13 spaces
1981

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

56 60 River Avenue

Providence, RI 02908

Features & Amenities

Interior Features

Ceiling Height (9 to 12 Ft)

Property Details

Construction

Masonry

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 56 60 River Avenue is listed at $494,999. The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1981, 0.17 acre lot, 13 parking spaces. Interior Features: Ceiling Height (9 to 12 Ft).

This property is listed by Maria Santos and can be reached at (866) 828-3951 or misantos110@hotmail.com.

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MS

Maria Santos

Agent at Exp Realty

(866) 828-3951

Listed by Exp Realty

MLS# 1401652· Source: listhub· Updated 120 days ago

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

56 60 River Avenue, Providence, RI 02908

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