56 60 River Avenue, Providence, RI 02908

Property Description

This rare investor and developer opportunity at 56–60 River Ave, Providence offers an M1-zoned property with approved potential uses including residential, industrial, warehouse, or investment development. It features public water & sewer, 13+ on-site parking spaces, a solid concrete/masonry structure, and a large 7,220 sq. ft. lot ideal for renovation, expansion, or multi-unit conversion. The project has already begun transitioning into residential use and includes two professional plan sets one for a larger multi-unit concept and another for a smaller conversion providing full flexibility for your investment strategy. Located in Providence’s high-demand Mount Pleasant/Elmhurst area, the property is just minutes from Downtown, top colleges in Providence, and is close to shopping, restaurants, parks, community centers, hospitals, and major commuter routes including I-95 & Route 146. This makes it a prime location for multi-unit housing, student rentals, corporate rentals, or mixed-use development.

Listing Status:

Active

Date Added:

December 11, 2025 at 06:00AM

Listing Office:

eXp Realty : 888-315-3445

MLS ID:

1401652

Interior

• Basement: Partial
• Eco/Green Feature: Public Transportation

Exterior

• Parking: Parking spaces: 13

Construction

• General: Masonry1See Remarks

Location

• Road/Access: City Street
• HOA Amenities: Business CenterPlaygroundRecreation FacilitiesRestaurant0.0Quarterly
• Originating MLS: RIS_RIS
• County: Providence

Lot

• Zoning: M15660RIVERAVPROV

Utilities

• Utilities: Natural Gas AvailableSewer Connected
• Water: Public
• Sewer: Connected

Financial

• Source: RIS_RIS
• Ownership: LLC

This listing courtesy of eXp Realty