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Off Market
1/21

65 Weybosset St
Providence, RI 02903


HIGHLIGHTS

  • Daytime foot traffic and Built in traffic from residences above.
  • Historic Detail & Natural Light
  • $180,000 IN UPGRADES

OVERVIEW

2 NEWLY RENOVATED COMBINED UNITS! OVER $180,000 IN UPGRADES! The "First Mall in America" now is offering 1278SF FOR SALE or LEASE includes basement storage. Currently set up for "fast casual" food service. Unit is in excellent, turn key condition in a PRIME DOWNTOWN LOCATION. BUILT IN TRAFFIC from the residences on the 2nd and 3rd floors as well as the walking/commuter traffic from other local business throughout Downtown Providence's financial center district. The Arcade is a historic shopping center at 130 Westminster Street and 65 Weybosset Street in downtown Providence, Rhode Island built in 1828. It is notable as the first enclosed shopping mall in the United States and has been lauded as a fine example of commercial Greek Revival architecture. It served as a shopping center for many years but as of October 2013 "The Arcade" has been reintroduced as a residential and commercial mixed-use building. It was declared a National Historic Landmark in 1976. Sale/lease includes 3 units (Parcel: 20-130-023, 123, 122) totaling 1,278SF (412SF is the semi-finished below grade storage area)

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

The Arcade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Fast Food, Storefront Retail/Office

TOTAL BUILDING SIZE

18000

STORIES

1

YEAR BUILT

1875

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

PROV M:20 L:130 U:10A