622 Union Avenue

Providence, RI 02909

Welcome to a truly one-of-a-kind opportunity this 7-unit mixed-use property is the unicorn every investor is searching for. Featuring six spacious 2-bedroom, 1-bath residential units and a non-operational bar on the ground level, the building offers both immediate cash flow and long-term upside. Two of the units are in excellent condition, while several others offer the chance to add value through cosmetic updates. The former bar not included in the sale presents a tremendous opportunity: convert it into two additional residential units or revitalize it as a commercial space and capitalize on the property's mixed-use zoning. Each unit is separately metered for electric, with gas-on-gas heating. An adjoining vacant lot MLS# 1388085 currently used for parking is also available for purchase and was previously a buildable lot, offering further expansion or development potential. There is nothing like this on the market and hasn't been for quite some time. Whether you're an investor looking to grow your portfolio or a visionary seeking your next project, this property checks all the boxes: location, flexibility, and upside. Don't miss this chance to secure a high-potential asset with multiple exit strategies and endless possibilities.

Listing courtesy of The Local Group of Lila Delman Compass 4013633710



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Last checked: 2025-06-28 10:00 PM UTC