List Search

51-55 Union St
Providence, RI 02903 Downtown Providence

$550,000 - $650,000 USD

Apartments Condos For Sale  •  1,728+ SF

Property Details

  • Property Type Apartments
  • Total Building Size 28,755 SF
  • Lot Size 0.54 AC
  • Building Class C
  • Year Built 1915
  • Zoning D-1-12
78 Transit Score
98 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit C002 Office/Retail 1,728 SF $550,000 USD
  • Unit Size: 1,728 SF
  • Condo Use: Office/Retail
  • Price: $550,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $318.29 USD
Description
Take advantage of this outstanding opportunity to own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike.

Sale Notes
The versatile layout makes this space ideal for a bar, restaurant, café, or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting.
1st Floor - Unit C003 Office/Retail 2,193 SF $650,000 USD
  • Unit Size: 2,193 SF
  • Condo Use: Office/Retail
  • Price: $650,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $296.40 USD
Sale Notes
An exceptional opportunity to own a commercial condo in the heart of downtown Providence, perfectly suited for a bar, lounge, nightclub, or entertainment venue. This property benefits from strong foot traffic, nearby restaurants and nightlife, and close proximity to offices, residential developments, and major thoroughfares. The space offers a flexible, open layout ideal for a dance floor, stage, or customizable seating arrangement. The unit is nearly turnkey and requires only minor repairs and cosmetic updates to be fully operational. Property Highlights: * Prime downtown Providence location * Commercial condo ownership opportunity Ideal for bar, club, or entertainment concept * Open floor plan with adaptable layout * High-visibility area with consistent foot traffic * Minimal improvements needed Whether you are launching a new concept or investing in a high-demand entertainment corridor, this property presents a rare chance to own in downtown Providence's thriving commercial market. Contact us today for more details or to schedule a private showing.

Description 

Take advantage of this outstanding opportunity to own a commercial condo in the heart of downtown Providence. Ideally positioned within walking distance to Providence Place Mall, City Hall, and surrounded by thriving businesses, restaurants, and residential developments. This property offers exceptional visibility and convenience. Easy highway access makes it accessible for clients, employees, and patrons alike.

The versatile layout makes this space ideal for a bar, restaurant, café, or professional office. With an open and adaptable floor plan, you can customize the interior to suit a hospitality concept, creative workspace, or traditional office setting.

Property Highlights:
* Prime downtown Providence location
* Walking distance to Providence Place Mall and City Hall
* Easy access to major highways
* Flexible layout suitable for bar, restaurant, or office use
* Strong pedestrian and vehicular traffic
* Excellent owner-user or investment opportunity

Whether you’re looking to establish your business in a high-demand area or add to your commercial portfolio, this property delivers location, flexibility, and long-term value.

Contact us today for additional information or to schedule a private showing.

Highlights

Prime downtown Providence location
Prime downtown Providence location
Flexible layout suitable for bar, restaurant, or office use
Strong pedestrian and vehicular traffic
Excellent owner-user or investment opportunity

Major Tenants

Tenant SF Occupied Lease End Date
Dunkin'
Eighty Eight
Euphoria Lounge
Jeff Dodge Photography
Lupo's Heartbreak Hotel
Strand

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
Providence (Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 1 min 10 min 0.5 mi
Pawtucket/Central Falls (Foxboro Event Service - MBTA, Providence/Stoughton Line - MBTA) 8 min - 4.6 mi
AirportDriveWalkDistance
Rhode Island Tf Green International 18 min - 8.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Wendy Delarosa 401-359-8799 Innovations Realty
Wendy Delarosa 401-359-8799 Innovations Realty