House Lust: A Micro-Loft in the Arcade Providence, America’s Oldest Mall, is on the Market

The space is small but mighty (and affordable, too).

Micro-loft living at the Arcade has its quirks — think: no stoves, tricky parking — but for those of us suffering from pandemic-inspired ennui, a sunny spot in the beating heart of the city might just be the remedy.

The Arcade Providence, a stunning Greek Revival structure with forty-five-foot columns out front and skylights that coat the interior in a warm glow, has stood at the gateway to Downcity since 1828. The building has the distinction of being the nation’s oldest indoor shopping mall but, in the late twentieth century, it fell into disuse. Providence-based real estate developer Evan Granoff swooped in and, in a move beleaguered mall owners will replicate for years to come, he transformed the National Register landmark into a mixed-use space with shops and restaurants on the first level and apartments on the second and third.

In January of 2020, Granoff announced the building would go condo and, slowly but surely, the micro-lofts have come to market with Mott and Chace Sotheby’s International Realty. This one, at 335 square feet (micro-loft, indeed), is the largest of the two currently available for purchase, but some in the building swell to 900 square feet. The prices are affordable, too, considering the location and the market.

And so I ask you: When you live a stone’s throw from the state’s best restaurants, do you really need a stove? If not, here’s your House Lust:

For more information, contact Cheryl Andreozzi at 401-323-3934 or visit mottandchace.com.

 

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