Capture a strategic foothold in The Arcade Providence—America’s first indoor shopping mall—just 50 miles from Boston. This 1,278 SF combined commercial condo (including 412 SF semi-finished lower-level storage) offers a turnkey opportunity with over $180,000 in recent upgrades. Currently built out for fast-casual use, the space easily adapts to boutique retail, hospitality, restaurant, or experiential concepts.Positioned in the core of Downtown Providence’s financial district, the asset benefits from built-in residential density above, consistent commuter flow, and walkable urban foot traffic. For Boston and regional investors, this is a cost-effective expansion play into a high-barrier, supply-constrained historic asset.Momentum is building following the $133M acquisition of Providence Place, signaling renewed confidence in the market. Ideal for operators and brands looking to establish presence ahead of the next retail cycle. The Arcade contains 48 residential & 17 Commercial units.
65 Weybosset, #122&123, Providence, RI, 02903
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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