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$645,000 Just Listed
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Property Description
Excellent investment opportunity located in the heart of historic Elmwood on a well traveled commercial corridor with outstanding visibility and exposure. This meticulously maintained 3,500 square foot four unit commercial property is fully occupied with established commercial business storefronts, offering strong and stable rental income. A rare opportunity to own a turnkey asset in a high traffic location, the property has been extensively renovated and rebuilt and was owner occupied for more than four decades, reflecting exceptional pride of ownership throughout. The property features numerous upgrades, and quality finishes, making it equally attractive for investors or future owner users. With potential for future mixed-use 2nd and 3rd floor residential development opportunities, this versatile commercial building combines long term stability, functionality, and upside in one of the area's most sought after commercial settings.
Full Property Details
Full Property Details for 640 Elmwood Ave
General
- Price: $645,000
- Taxes: $16,948 (2025)
- Status: Active
- Type: Office
- Source: STWMLS
- MLS ID: 1412754
- Updated: Today (5/15/2026)
- Added to Site: Today
Business
- Business Type: Accounting, Administrative and Support, Barber/Beaut
Interior
- Furnishings: Unfurnished
Parking
- Total Spaces: 6
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 4
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, 1 Unit
- Heating Type: Forced Air
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Brick
- Stories/Levels: 1
- Building Size: 3274
- Finished Total: 3,274 Sq. Ft.
- Finished Above Grnd: 3,274 Sq. Ft.
- Year Built: 1960
Lot Features
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
Financial Considerations
- Tax Amount: $16,948
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Gas
Disclosures and Reports
- Property ID: 640-8ELMWOODAVPROV
- Lot Number: 108
Listed by Broadway Real Estate Group
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Schools
Schools serving 640 Elmwood Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Lillian Feinstein El. School 159 Sackett Street, Providence, RI 02907 | K-5 | 0.3 mi |
Reservoir Avenue School 156 Reservoir Avenue, Providence, RI 02907 | K-5 | 0.3 mi |
Leviton Dual Language School 65 Greenwich Street, Providence, RI 02907 | K-5 | 0.6 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 0.7 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 0.7 mi |
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909 | 6-8 | 2.7 mi |
Dr. Jorge Alvarez High School 375 Adelaide Avenue, Providence, RI 02907 | 9-12 | 0.3 mi |
W B Cooley & Academy Internationa 182 Thurbers Avenue, Providence, RI 02905 | 9-12 | 0.9 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.5 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 640 Elmwood Ave
Date
Details
Price
Change
Source
5/15/2026
Listed
$645,000
—
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 640 Elmwood Ave
640 Elmwood Avenue, Providence, RI 02907 (MLS# 1412754) is a Office property. 640 Elmwood Avenue is currently listed for $645,000 and was received on May 15, 2026. Want to learn more about 640 Elmwood Avenue? Do you have questions about finding other Office real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

