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$79,900
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Property Description
Prime Business Opportunity on Iconic Thayer Street Heart of Providence's East Side! Location, Location, Location! Nestled in the bustling heart of Thayer Street Providence's most vibrant and high-traffic corridor this is your chance to own a thriving business in one of the city's most coveted locations. Situated directly adjacent to the Brown University campus and just steps from RISD, this established business enjoys a built-in, loyal customer base of students, faculty, locals, and tourists alike. Highlights: Turnkey Operation: This well-established business is fully operational walk in and start earning. Unbeatable Foot Traffic: With thousands of pedestrians passing by daily, Thayer Street offers unmatched exposure. Charming East Side Vibes: Surrounded by historic architecture, trendy boutiques, caf s, and cultural landmarks, the location is both upscale and energetic. Whether you're an investor, entrepreneur, or established operator looking to expand, this is a rare opportunity to stake your claim in one of Providence's most dynamic business districts. Don't miss your chance to be a part of the energy and success of Thayer Street.
Full Property Details
Full Property Details for 227 Thayer St
General
- Price: $79,900
- Taxes: $144,556 (2024)
- Status: Active
- Type: Business
- Source: STWMLS
- MLS ID: 1382300
- Updated: 7/30/2025
- Added to Site: 279 day(s) ago
Business
- Business Type: Restaurant
Location
- County: Providence
- Subdivision: East Side - Thayer Street
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 1
- Year Built: 1976
Lot Features
- Lot Size (Sq. Ft.): 12,197
- Lot Size: 12197
- Frontage: City Street
- Sidewalks: Yes
Financial Considerations
- Tax Amount: $144,556
- Tax Year: 2024
Disclosures and Reports
- Property ID: 227THAYERSTPROV
Listed by Westcott Properties
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Schools
Schools serving 227 Thayer St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.7 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 0.7 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1.5 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.7 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.7 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 0.5 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.3 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 Thayer St
Date
Details
Price
Change
Source
7/30/2025
Price Reduced
$79,900
-46.73%
MLS
4/11/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 Thayer St
227 Thayer Street, Providence, RI 02906 (MLS# 1382300) is a Business property. 227 Thayer Street is currently listed for $79,900 and was received on April 11, 2025. Want to learn more about 227 Thayer Street? Do you have questions about finding other Business real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

