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$1,490,000
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Property Description
Introducing 15 Thomas Street a prime, turnkey mixed-use property delivering strong, diversified income & exceptional versatility for both investors & owner-occupants. The property is thoughtfully configured to maximize revenue potential across commercial & residential uses. The first floor has two well-finished commercial suites: a polished real estate office featuring two private rooms, a half bath, & central AC, & a stylish three-room move-in ready bridal salon, ideal for a service retailer or boutique. The lower level expands the income stream with a nail salon & a 1-bed, 1-bath apartment. Both commercial & residential tenants enjoy modern amenities, gas heat, & central AC. Upstairs, the second & third floors offer a spacious townhouse-style apartment with six beds, two full baths, & a generous common area. This unit is currently leased as workforce housing, providing excellent monthly returns. For added value, the site features a detached cottage. ** Ample on-site parking accommodates both commercial clients & residents, & the property's CV zoning supports a mix of uses for ongoing stability.**Strategically located with quick access to Route 44 & I-295, 15 Thomas Street is in a vibrant neighborhood with strong tenant interest. Ideal for investors or owners seeking reliable cash flow, asset appreciation, or a hybrid live-work opportunity, this meticulously maintained property delivers an unmatched return on investment and future upside.
Full Property Details
Full Property Details for 15 Thomas St
General
- Price: $1,490,000
- Taxes: $9,427 (2024)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1401906
- Updated: 12/17/2025
Property History
- 15 Thomas St, North Providence, RI
- Listed $1,490,000 on 12/17/25
Business
- Business Type: Barber/Beauty, Retail
Rooms
Other Rooms
- Laundry: Common Area
Parking
- Total Spaces: 10
Location
- County: Providence
- Subdivision: Centerdale - Mineral Spring
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Connected
- Utility Description: Natural Gas Available, Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Brick, Frame
- Stories/Levels: 0
- Year Built: 1910
Lot Features
- Lot Size (Sq. Ft.): 17,424
- Lot Size: 17424
- Frontage: State Road
Financial Considerations
- Tax Amount: $9,427
- Tax Year: 2024
Disclosures and Reports
- Property ID: 15THOMASSTNPRO
- Lot Number: 466
Listed by Westcott Properties
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Schools
Schools serving 15 Thomas St
School District:North Providence School District
| Name | Grades | Distance |
|---|---|---|
North Providence High School 1828 Mineral Spring Avenue, North Providence, RI 02904 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 15 Thomas St
15 Thomas Street, North Providence, RI 02911 (MLS# 1401906) is a Commercial Residential Facility property. 15 Thomas Street is currently listed for $1,490,000 and was received on December 17, 2025. Want to learn more about 15 Thomas Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in North Providence? You can browse all North Providence real estate or contact a Coldwell Banker agent to request more information.

