61 Depasquale Avenue

Providence, RI 02903 Directions
$1,500,000
  • 3,507Sqft
  • 0.03Acres
  • 1900Built
  • $428Price/Sqft

Property Highlights

  • Subdivision: Federal Hill
  • Days on Market: 17
  • MLS: 1401506

Property Highlights

  • Subdivision: Federal Hill
  • Days on Market: 17
  • MLS: 1401506

Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza. The list price includes both the real estate and the established restaurant business, complete with equipment and furniture. Buyers interested in purchasing the real estate only are encouraged to contact the listing agent for updated pricing. The first-floor restaurant tenant has one year remaining on the lease with an option to extend and is also open to an early lease termination and sale of the business. This creates flexibility for a new owner who may wish to operate the existing restaurant, introduce a new concept, or re-tenant the space. The restaurant...

Property Highlights

  • Subdivision: Federal Hill
  • Days on Market: 17
  • MLS: 1401506

Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza. The list price includes both the real estate and the established restaurant business, complete with equipment and furniture. Buyers interested in purchasing the real estate only are encouraged to contact the listing agent for updated pricing. The first-floor restaurant tenant has one year remaining on the lease with an option to extend and is also open to an early lease termination and sale of the business. This creates flexibility for a new owner who may wish to operate the existing restaurant, introduce a new concept, or re-tenant the space. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, living room, and two generously sized bedrooms. The third-floor apartment offers dramatic two-story living. The main level includes an updated kitchen and bathroom, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. All major mechanical systems have been updated within the past few years, making this a turn-key mixed-use investment in one of Providence's most vibrant and high-demand locations

Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza. The list price includes both the real estate and the established restaurant business, complete with equipment and furniture. Buyers interested in purchasing the real estate only are encouraged to contact the listing agent for updated pricing. The first-floor restaurant tenant has one year remaining on the lease with an option to extend and is also open to an early lease termination and sale of the business. This creates flexibility for a new owner who may wish to operate the existing restaurant, introduce a new concept, or re-tenant the space. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, living room, and two generously sized bedrooms. The third-floor apartment offers dramatic two-story living. The main level includes an updated kitchen and bathroom, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. All major mechanical systems have been updated within the past few years, making this a turn-key mixed-use investment in one of Providence's most vibrant and high-demand locations

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  • Additional Information
    • Basement Description: Full
    • Days On Market: 17
    • Electrical Features: 100 Amp Service, 200+ Amp Service
    • Living Area SqFt: 3507
    • On Market Date: 2025-12-15
    • Sewer: Public Sewer
    • Subdivision: Federal Hill
    • Tax Amount: $20,645
    • Tax Year: 2025
    • Type: Commercial Sale
    • Unit Count: 3
    • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
    • Year Built: 1900
  • Amenities
    • Sidewalks
  • Interior/Exterior Features
    • Construction Materials: Brick, Other
    • Cooling: Central Air
    • Foundation: Combination, Stone
    • Heat: Baseboard, Forced Air

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 01/02/2026. Listed By: Lindsay Pettinelli of Churchill & Banks Co., LLC.

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