15 Thomas St, North Providence, RI 02911
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$1,490,000
Type: Mixed Use
Lease Type N/A
3888 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Exceptional turnkey mixed-use property located in North Providence’s desirable CV zone. This well-maintained asset features multiple income streams and excellent flexibility for both investors and owner-users. The first floor offers two polished commercial suites—a real estate office with two private rooms and a half bath, and an elegant three-room bridal salon—both with central air and strong tenant appeal. The lower level adds even more value with a nail salon and a separate 1-bed, 1-bath apartment, ideal for supplemental rental income. Upstairs, a spacious two-story townhouse-style apartment includes six bedrooms, two full bathrooms, and a common living area—currently used as high-demand workforce housing with strong, consistent returns. Additional highlights include gas heat, central AC throughout, ample off-street parking, and a detached cottage for added residential or office use. Centrally located near Route 44 and I-295, this property offers stability, multiple configurations,

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73412368

Financial

  • Gross Annual Expenses: 9524
  • Gross Annual Income: 148550
  • Net Operating Income: 102109

Building Information

  • Total SQFT: 3888

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/05/2025Active$1,490,000$383MLSPIN
08/01/2025New$1,490,000$383MLSPIN

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Seller's Representative: Joy Riley, Westcott Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-05 04:05:00