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65 Weybosset St
Providence, RI 02903

$389,000 USD

Storefront Condo For Sale  •  1,278 SF

Property Details

  • Property Type Storefront
  • Total Building Size 18,000 SF
  • Lot Size 11 AC
  • Building Class A
  • Year Built 1875
  • Tenancy Multiple
  • Zoning D1-300
78 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 122 & 123 Retail 1,278 SF $389,000 USD
  • Unit Size: 1,278 SF
  • Condo Use: Retail
  • Price: $389,000 USD
  • Sale Type: Investment
  • Price/SF: $304.38 USD
Description
2 NEWLY RENOVATED COMBINED UNITS! OVER $180,000 IN UPGRADES! The "First Mall in America" now is offering 1278SF FOR SALE or LEASE includes basement storage. Currently set up for "fast casual" food service. Unit is in excellent, turn key condition in a PRIME DOWNTOWN LOCATION. BUILT IN TRAFFIC from the residences on the 2nd and 3rd floors as well as the walking/commuter traffic from other local business throughout Downtown Providence's financial center district. The Arcade is a historic shopping center at 130 Westminster Street and 65 Weybosset Street in downtown Providence, Rhode Island built in 1828. It is notable as the first enclosed shopping mall in the United States and has been lauded as a fine example of commercial Greek Revival architecture. It served as a shopping center for many years but as of October 2013 "The Arcade" has been reintroduced as a residential and commercial mixed-use building. It was declared a National Historic Landmark in 1976. Sale/lease includes 3 units (Parcel: 20-130-023, 123, 122) totaling 1,278SF (412SF is the semi-finished below grade storage area)

Sale Notes
Also available FOR LEASE $2850.00 per month plus condo fee, tax, insurance and electricity. The rent will be increased $50 each year. NNN

Description 

2 NEWLY RENOVATED COMBINED UNITS! OVER $180,000 IN UPGRADES! The "First Mall in America" now is offering 1278SF FOR SALE or LEASE includes basement storage. Currently set up for "fast casual" food service. Unit is in excellent, turn key condition in a PRIME DOWNTOWN LOCATION. BUILT IN TRAFFIC from the residences on the 2nd and 3rd floors as well as the walking/commuter traffic from other local business throughout Downtown Providence's financial center district. The Arcade is a historic shopping center at 130 Westminster Street and 65 Weybosset Street in downtown Providence, Rhode Island built in 1828. It is notable as the first enclosed shopping mall in the United States and has been lauded as a fine example of commercial Greek Revival architecture. It served as a shopping center for many years but as of October 2013 "The Arcade" has been reintroduced as a residential and commercial mixed-use building. It was declared a National Historic Landmark in 1976. Sale/lease includes 3 units (Parcel: 20-130-023, 123, 122) totaling 1,278SF (412SF is the semi-finished below grade storage area)

Highlights

Daytime foot traffic and Built in traffic from residences above.
Historic Detail & Natural Light
$180,000 IN UPGRADES

Property Flyers

Amenities

  • Bus Line
  • Property Manager on Site
  • Restaurant
  • Enclosed Mall
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Providence (Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 2 min 9 min 0.5 mi
Pawtucket/Central Falls (Foxboro Event Service - MBTA, Providence/Stoughton Line - MBTA) 8 min - 4.7 mi
AirportDriveWalkDistance
Rhode Island Tf Green International 17 min - 8.3 mi
Don Martone 401-954-0270 BOND | BROKERAGE
Don Martone 401-954-0270 BOND | BROKERAGE