Cindy Pollard - Andrew Abu Inc Realtors Logo
$599,999
( $144.16Per Sq Foot )
 $3,221 est/mo Sourced by Back At You

196 Pocasset Avenue,Providence, RI 02909

Providence, RI 02909

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Description

Exceptional investment opportunity in Providence’s vibrant Silver Lake neighborhood! This mixed-use commercial property features three income-producing units, including a thriving meat market/convenience store occupying over 2,000 square feet on the first floor, along with two spacious residential apartments above, each offering approximately 1,000 square feet of living space with 2 bedrooms per unit. The sale does not include the business; however, the property provides strong and steady rental income from both the commercial and residential units, making it an ideal turnkey opportunity for seasoned investors or first-time commercial buyers. Located in one of Providence’s most active corridors with strong rental demand and long-term growth potential, this property is an outstanding addition to any investment portfolio.

Details

MLS #1413141
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1900
Days On Site138
Listing Provided ByBhhs Commonwealth Real Estate | The Hiraldo Group

Features

SQ Feet4,162
BasementY
Story(s)2
Units3
Building(s)1
ZoningC-1
Acreage0.07

Interior

HeatingGas Connected
Heating Yes / NoYes
CoolingIndividual Unit
Cooling Yes / NoYes
Laundry FeaturesOff Site

Exterior

Foundation DetailsConcrete Perimeter
Lot FeaturesFree Standing, Urban
Community FeaturesBus, Highway Access, Hospital, Interstate, Recreational Facilities, Restaurants, Schools, Shopping
Construction MaterialsBrick

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Municipal Water, Sanitary Sewers, Storm Sewer, Street Lights
SewerConnected, Public
Electric100 Amp Service
GasConnected

Location

Community FeaturesBus, Highway Access, Hospital, Interstate, Recreational Facilities, Restaurants, Schools, Shopping

Taxes

Tax Annual Amount8584
Tax Assessed Value391900
Tax Lot284
Tax Year2025

Area Information

StateRI
CountyProvidence
CityProvidence
Zip Code02909
AreaProvidence
Listing VS Median (in 02909)
Price:
$599,999
low | high
Med:
$424,900
79.183215305359% of Average
sqft:
4,162
low | high
Med:
1,963
100% of Average
$ / sqft:
$144
low | high
Med:
$216
2% of Average
On site:
138
low | high
Med:
13
100% of Average
Sourced by Back At You

Market Activity 02909

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Additional Information

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The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Rhode Island Association of REALTORS®. All Rights Reserved.

Contact

Learn More About This Property

Cindy Pollard

Cindy Pollard

Andrew Abu Inc

109727 (508) 797-2195cindy@andrewabu.com
StateRI
CountyProvidence
CityProvidence
Zip Code02909
AreaProvidence
Listing VS Median (in 02909)
Price:
$599,999
low | high
Med:
$424,900
79.183215305359% of Average
sqft:
4,162
low | high
Med:
1,963
100% of Average
$ / sqft:
$144
low | high
Med:
$216
2% of Average
On site:
138
low | high
Med:
13
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $749K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
509 Union Avenue Property Photo 1
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509 Union Avenue
Providence, RI 02909
33 Moorefield Street Property Photo 1
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33 Moorefield Street
Providence, RI 02909
Listing Updated: July 9, 2026 at 2:59:23 PM PDT