948 Atwells Avenue

Off Market

948 Atwells Avenue

Providence RI 02909

2490 sq. ft.

3049 sq. ft.

Multi-Family

Last sold for $630,000

The Duque Group, last sold this property on 03 September 2025 after 235 days on market.

Overview

PRIME MIXED-USE OPPORTUNITY IN FEDERAL HILL'S RESTAURANT ROW. Commercial + Two Residential Units Exceptional investment opportunity. This turnkey mixed-use property features an established restaurant space with an impressive 34-year legacy, complemented by two income-generating residential units above. COMMERCIAL HIGHLIGHTS: Fully equipped restaurant space with decades of successful operation Prime location on historic Atwells Avenue with high foot traffic Existing kitchen infrastructure and dining room setup Established customer base and neighborhood recognition Versatile space suitable for continued restaurant operation or new business venture RESIDENTIAL FEATURES: Two well-maintained rental units providing steady income stream Separate entrances ensuring privacy for commercial and residential tenants Ideal urban location attractive to quality tenants Additional revenue potential through property improvements Perfect for investors seeking a proven commercial space with built-in residential income, or entrepreneurs ready to write the next chapter of this property's story. Whether maintaining the existing restaurant concept or launching a new venture, this turnkey property offers immediate operational capability with significant upside potential. This rare opportunity combines Providence's rich culinary heritage with modern investment potential. Don't miss the chance to own a piece of Federal Hill's vibrant business community.

Features

5 bedrooms

3 bathrooms

5 carspaces

2490 sq. ft. floor area

3049 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 948 Atwells Avenue is $560k.

Median value

$560k

Estimated value range

$400k - $630k

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Providence. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 948 Atwells Avenue

2025

Sold

$630,000

03 Sep 2025 by The Duque Group, of Compass

Happy sellers in Providence

We have insufficient information to provide an overview of customer satisfaction for Providence. Viewing the agent profiles, reviews and sales for Providence can provide insights for this location.

Local market activity for 5 bedroom multi families in Providence

In the last 12 months, 12 five-bedroom multi families similar to 948 Atwells Avenue, have been sold.

This represents a 8% increase in five-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Providence for a market analysis.

Lisa Foster Pacheco

at REMAX River's Edge | Bristol

(19 reviews)

Get a market analysis

Suzanne Gelven

at Realty ONE Group Dream Makers | Taunton

(123 reviews)

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Fernanda Diaz

at The Network

(27 reviews)

Get a market analysis

Juan Tejada

at Homesmart Professionals Re

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Providence

Lisa Foster Pacheco

Lisa Foster Pacheco is an award winning recommended agent for Providence. They have 2 local sales and collected 1 local review across the last 12 months.

5 (19 reviews)
1 Review in Providence
2 Sales in Providence

View profile

Suzanne Gelven

Sellers who recommend Suzanne Gelven have praised them for being local expert, responsive, clear communication, patient, supportive, well-prepared, and friendly