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
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