Price Reduced 20.40%


Price History

$250,000
8/29/2025

$229,900
2/3/2026

$199,000
3/16/2026


638 Charles Street, Providence, RI, 02904

638 Charles Street, Providence, RI, 02904

1930

Established Providence market operating for over 50 years with a loyal neighborhood customer base. This 1,800 sq ft turnkey grocery and halal butcher business offers multiple revenue streams including grocery, fresh meat, tobacco products, ATM income, and delivery service. Opportunity exists to add lottery sales for additional revenue potential. Recent annual sales reported at $752,000+ with efficient operations currently run by two employees. Very low rent of $1,350/month, offering strong operating margins and long-term stability. Business includes fixtures, equipment, and established vendor relationships. Inventory to be sold separately (approx. $25,000). Financial information including POS reports and tax returns available upon execution of NDA and proof of funds or lender pre-approval. Confidential sale. Please do not approach staff or discuss sale on site. All showings must be scheduled through the listing agent.


Status:

Active

Type:

Commercial

Furnished Remarks:

Furnished

Units:

1

Zoning:

C-2

Frontage:

80

Heating:

Steam

Basement:

Full

Parking:

6-car

Assessment

$306,600

Permitted Use

Commercial,Mixed Use,Retail

Construction

Other

Utilities

Natural Gas Available,Natural Gas Connected,Sewer Connected,Water Connected

Lot Description:

Corner Lot

Amenities:

Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, High Traffic Location, Street Lights, Sidewalks

Days on Market:

210

MLS #:

1393824


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Gold Door Realty 401-343-7007