# 56 60 River Avenue, Providence, RI 02908

> **TL;DR:** commercial, $494,999, built 1981. Est. $2,145/mo. Listed 120 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $494,999 |
| Year Built | 1981 |
| Lot Size | 7,218 sqft (0.17 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 120 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,145 |
| **Total** | **$2,145** |

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 56 60 River Avenue, Providence, RI 02908
- **County:** Providence
- **Coordinates:** 41.829435, -71.436531
- **Google Maps:** https://www.google.com/maps?q=41.829435,-71.436531

## Listing Agent

- **Name:** Maria Santos
- **Brokerage:** Exp Realty
- **Phone:** (866) 828-3951
- **Email:** misantos110@hotmail.com

## Primary Photo

![56 60 River Avenue - Primary Photo](http://lh.rdcpix.com/8e337129eba30cd1622d873e29b271bdl-f743116665r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/56-60-river-avenue-providence-ri-02908-1401652)*

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**MLS#:** 1401652 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/56-60-river-avenue-providence-ri-02908-1401652)

---

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