Catylist ID:
#30631519
| Catylist Listing ID: | 30631519 |
| Property Subtypes: | Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other |
| Building Status: | Proposed |
| Building Size (RSF): | 6,652 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.39 Acres |
| Sale Price: | $390,000 |
| Unit Price: | $58.63 PSF |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | fka Garden Zen |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/23/2020 |
Overview / Comments
|
Closed restaurant with multi level dinning and function rooms. Modern interior design with stylish stone top bars, hardwood floors, deck off of the 1st floor dinning and bar area. Property features a back patio with bar. Two (2) large parking areas with overflow parking (90 parking spaces). large kitchen and well appointed 1st floor dining area (was 290 indoor seating with additional 150 outdoor seating), men's and ladies room. ~2nd floor is set up for functions or meetings with full bar storage and 2nd men's and ladies room. ~3rd floor office area with full bath/shower. ~Basement storage area for liquor, supplies, dry storage for food and supplies. Kitchen features walk in and reach in coolers and freezers, full commercial food preparation train, deli/salad stations, prep stations, deep frying equipment, ovens, commercial grade stoves, grills and griddles. ~Two lots 56/9 = .85 ac. has 180' front on Washington. 56/11= .54 ac has 200' front on MacArthur (used by Moore Garage). Total 1.39 acres Total - Assessment $565,800, Property Taxes $15,169. Fire District $1,838.85 . |
Additional Details
| Nearest MSA: | Providence-Warwick |
| County: | Kent |
| Tax ID/APN: | CO 56 9 |
| Retail Clientele: | General |
| Property Located Between: | near corner of MacArthur |
| Property Visibility: | Excellent |
| Largest Nearby Street: | MacArthur |
| Tenancy: | Single Tenant |
| Number of Stories: | 3 |
| Property Condition: | Good |
| Year Built: | 1947 |
| Year Renovated: | 2007 |
| Roof Type: | Gable |
| Construction/Siding: | Brick/Vinyl Siding, Metal/Glass |
| Total Parking Spaces: | 90 |
| Parking Type: | Structure |
| Sprinklers: | Other |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,914 | 62,622 | 129,123 |
| Median Age: | 37.04 | 41.28 | 42.87 |
| Households: | 5,091 | 26,369 | 52,372 |
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