622 Union Avenue

Property Description

Motivated Seller - to be sold with an adjoining vacant lot, currently used for parking and was previously a buildable lot, offering further expansion or development potential. 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. 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.

Overview

Property Status

Sold

Date Sold

January 14, 2026

Lot Size

3,049 Sq.Ft.

MLS ID

1394050

Property Type

Commercial

Year Built

1922

Features & Amenities

Stories

Water Source

Connected

Utilities

Natural Gas Connected, Sewer Connected

Heat Type

Gas, Steam

Sewer

Connected

Substructure

Slab

Security Features

Fire Sprinkler System

Sales Price

$745,000

Real Estate Tax

$10,877/yr

Zoning

R-3

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Thank you

for your interest in 622 Union Avenue, Providence, RI 02909

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