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$364,000
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Property Description
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)
Full Property Details
Full Property Details for 65 Weybosset St #122 & 123 & 023
General
- Price: $364,000
- Taxes: $2,560 (2023)
- Status: Active
- Type: Retail
- Source: STWMLS
- MLS ID: 1388614
- Updated: 1/21/2026
- Added to Site: 251 day(s) ago
Business
- Business Type: Bakery, Bar/Tavern/Lounge, Ice Cream/Frozen Yogurt, R
Rental Information
- Lease Info: NNN
Additional Information
- Shared Amenities: Restaurant
- Security/Safety: Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System
Location
- County: Providence
- Subdivision: Downtown
- Building Name: The Arcade
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Water: Water Tap Fee
- Utility Description: Natural Gas Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Partial
- Stories/Levels: 0
- Building Size: 1278
- Finished Total: 1,278 Sq. Ft.
- Finished Above Grnd: 1,278 Sq. Ft.
- Year Built: 1828
Unit Information
- Vacancy %: 100
Lot Features
- Lot Size (Acres): 0.471
- Lot Size (Sq. Ft.): 20,530
- Lot Size: 20530
- Frontage: City Street
- Sidewalks: Yes
- Lot Features: Historic District
- Potential Use: Investment, Office, Retail
Financial Considerations
- Tax Amount: $2,560
- Tax Year: 2023
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 65WEYBOSSETST122&123&023PROV
- Lot Number: 023/122/123
Listed by Bond Brokerage
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Schools
Schools serving 65 Weybosset St #122 & 123 & 023
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.9 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1.3 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.3 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.5 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.6 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.7 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.7 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 0.9 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 65 Weybosset St #122 & 123 & 023
Date
Details
Price
Change
Source
6/25/2025
Listed
$364,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 65 Weybosset St #122 & 123 & 023
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,376
100%
$299,700
7%
2023
100%
$279,300
—
2022
100%
$279,300
58%
2022
—
$177,000
—
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 65 Weybosset St #122 & 123 & 023
65 Weybosset Street #122 & 123 & 023, Providence, RI 02903 (MLS# 1388614) is a Retail property. 65 Weybosset Street #122 & 123 & 023 is currently listed for $364,000 and was received on June 25, 2025. Want to learn more about 65 Weybosset Street #122 & 123 & 023? Do you have questions about finding other Retail real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

