638 Charles Street, Providence, RI 02904 - Photo 1

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$199,000

For Sale
Active
Commercial

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Property Description

Established Providence market operating for over 50 years with a loyal neighborhood customer base. This 1,800 sq ft turnkey grocery and halal butcher business offers multiple revenue streams including grocery, fresh meat, tobacco products, ATM income, and delivery service. Opportunity exists to add lottery sales for additional revenue potential. Recent annual sales reported at $752,000+ with efficient operations currently run by two employees. Very low rent of $1,350/month, offering strong operating margins and long-term stability. Business includes fixtures, equipment, and established vendor relationships. Inventory to be sold separately (approx. $25,000). Financial information including POS reports and tax returns available upon execution of NDA and proof of funds or lender pre-approval. Confidential sale. Please do not approach staff or discuss sale on site. All showings must be scheduled through the listing agent.

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Full Property Details

Full Property Details for 638 Charles St

General

Price: $199,000
Taxes: (2024)
Status: Active
Type: Commercial
Source: STWMLS
MLS ID: 1393824
Updated: 3/16/2026
Added to Site: 218 day(s) ago

Business

Name: Foodland Farm International Halal Market
Business Type: Commercial
Year Established: 1972

Rental Information

Lease Info: Ground Lease

Interior

Furnished: Yes
Furnishings: Furnished

Additional Information

Security/Safety: Fire Alarm, Fire Escape, Fire Sprinkler System, 24 Hour Security, See Remarks

Parking

Total Spaces: 6

Location

County: Providence
Near Highway: Yes

Heating & Cooling

Heating Type: Steam

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

# Buildings: 1
Property Detached: Yes
Detached/Attached: Detached
Construction: Other
Basement: Yes
Basement Desc.: Full
Stories/Levels: 3
Building Size: 1800
Finished Total: 1,800 Sq. Ft.
Finished Above Grnd: 1,800 Sq. Ft.
Year Built: 1930

Lot Features

Lot Size (Sq. Ft.): 1,800
Lot Size: 1800
Frontage: City Street, Paved
Street Lights: Yes
Sidewalks: Yes
Lot Features: Corner Lot
Potential Use: Commercial, Mixed Use, Retail
Land Lease Avail: Yes
Fencing (Description): Fenced

Financial Considerations

Tax Year: 2024
Terms: Assumable, Lease, Lease Option

Disclosures and Reports

Inclusions: Goodwill & branding (Foodland Farm International Halal Market) Halal butcher operations (meat & chicken) Grocery/convenience inventory (Included in asking price) Tobacco license (transferable) Lottery license (renewable-not active now) ATM & revenue stream Hookah, vapes, American & Mediterranean groceries All equipment, freezers, coolers, displays, butcher machinery, POS system all go with the sale.
Property ID: 638CHARLESSTPROV
Lot Number: 346

Listed by Gold Door Realty

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Schools

Schools serving 638 Charles St

School District:Providence School District

Name	Grades	Distance
Veazie Street School 211 Veazie Street, Providence, RI 02904	K-5	0.7 mi
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908	K-5	1.2 mi
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908	K-5	1.4 mi
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904	6-8	0.4 mi
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908	6-8	1.5 mi
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906	6-8	1.7 mi
Hope High School 324 Hope Street, Providence, RI 02906	9-12	1.6 mi
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908	9-12	2 mi
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903	9-12	2.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 638 Charles St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/16/2026

Price Reduced

$199,000

-13.44%

MLS

2/03/2026

Price Reduced

$229,900

-8.04%

MLS

8/29/2025

Listed

$250,000

150%

MLS

5/31/2001

Sold

$100,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 638 Charles St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,842

23%

$537,100

75%

2015

$6,376

35%

$306,600

31%

2021

$4,733

—

$234,000

—

2019

$4,734

100%

$234,000

24%

2018

100%

$189,100

—

2017

100%

$189,100

—

2016

-100%

$189,100

2015

$6,376

100%

$173,500

-34%

2014

-100%

$264,400

—

2008

$8,843

—

$264,400

—

Disclaimer: Historical tax 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 638 Charles St

638 Charles Street, Providence, RI 02904 (MLS# 1393824) is a Commercial property. 638 Charles Street is currently listed for $199,000 and was received on August 29, 2025. Want to learn more about 638 Charles Street? Do you have questions about finding other Commercial real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

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638 Charles St Providence, RI 02904