948 Atwells Avenue, Providence, RI 02909 - Photo 1

1/1

$630,000

Sold
Closed
Multi-Family
3 Units
5 Total Beds
0.07 Acres

1/1

Property Description

PRIME MIXED-USE OPPORTUNITY IN FEDERAL HILL'S RESTAURANT ROW. Commercial + Two Residential Units Exceptional investment opportunity. This turnkey mixed-use property features an established restaurant space with an impressive 34-year legacy, complemented by two income-generating residential units above. COMMERCIAL HIGHLIGHTS: Fully equipped restaurant space with decades of successful operation Prime location on historic Atwells Avenue with high foot traffic Existing kitchen infrastructure and dining room setup Established customer base and neighborhood recognition Versatile space suitable for continued restaurant operation or new business venture RESIDENTIAL FEATURES: Two well-maintained rental units providing steady income stream Separate entrances ensuring privacy for commercial and residential tenants Ideal urban location attractive to quality tenants Additional revenue potential through property improvements Perfect for investors seeking a proven commercial space with built-in residential income, or entrepreneurs ready to write the next chapter of this property's story. Whether maintaining the existing restaurant concept or launching a new venture, this turnkey property offers immediate operational capability with significant upside potential. This rare opportunity combines Providence's rich culinary heritage with modern investment potential. Don't miss the chance to own a piece of Federal Hill's vibrant business community.

Full Property Details

Full Property Details for 948 Atwells Ave

General

Sold For: $630,000
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1375940
Added to Site: 370 day(s) ago

Interior

Number of Rooms: 12
Interior Features: Tub Shower
Appliances: Gas Water Heater
Flooring: Ceramic Tile, Hardwood, Laminate

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 5

Parking

Total Spaces: 5
Parking Features: No Garage

Location

County: Providence
Subdivision: Mount Pleasant
Near Highway: Yes

Heating & Cooling

Cooling Type: None
Heating Type: Gas, Steam

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Drywall, Plaster, Wood Siding, Vinyl Siding
Basement: Yes
Basement Desc.: Full, Interior Entry, Unfinished
Stories/Levels: 3
Building Size: 2490
Finished Total: 2,490 Sq. Ft.
Finished Above Grnd: 2,490 Sq. Ft.
Year Built: 1922

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,049
Lot Size: 3049

Disclosures and Reports

Inclusions: Restaurant equipment and furniture to remain and transfer over with sale.
Property ID: 948ATWELLSAVPROV
Lot Number: 79

Listed by Compass
Sold by Century 21 Visionary Group

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Schools

Schools serving 948 Atwells Ave

School District:Providence School District

Name	Grades	Distance
William D'abate Elementary School 60 Kossuth Street, Providence, RI 02909	K-5	0.2 mi
George J. West El. School 145 Beaufort Street, Providence, RI 02908	K-5	0.4 mi
Frank D. Spaziano Elementary School 85 Laurel Hill Avenue, Providence, RI 02909	2-5	0.7 mi
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909	6-8	1 mi
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908	6-8	1.1 mi
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907	6-8	1.8 mi
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908	9-12	1 mi
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903	9-12	1.6 mi
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903	9-12	1.6 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 948 Atwells Ave

Date

Details

Price

Change

Source

9/03/2025

Sold

$630,000

-3.08%

MLS

1/10/2025

Listed

$650,000

—

MLS

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

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Total Baths
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Updated 18 hours ago

3
Beds
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Total Baths
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2
Beds
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Total Baths
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Sq. Ft.

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Beds
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Total Baths
2,300
Sq. Ft.

Price Reduced

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Single Family
Active
Updated 1 day ago

3
Beds
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Total Baths
1,560
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Sold

$555,000

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Multi-Family
Closed

2
Units
6
Total Beds
0.09
Acres

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Multi-Family
Closed

3
Units
7
Total Beds
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Acres

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6
Beds
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948 Atwells Avenue, Providence, RI 02909 (MLS# 1375940) is a Multi-Family property that was sold at $630,000 on September 03, 2025. Want to learn more about 948 Atwells Avenue? Do you have questions about finding other Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

948 Atwells Ave Providence, RI 02909