North Providence Diner For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30328923
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 896 SF
Gross Land Area: 14,997 SF
Sale Price: $375,000
Unit Price: $418.53 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Geneva Diner
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2018

Overview / Comments

This 896± square foot retail property is located on 14,997± square feet of land on Douglas Avenue in North Providence, Rhode Island. The property has been used as a diner for the last 70 years. The kitchen was fully remodeled in 2013, there is ample onsite parking available and there is a partial basement that houses the utilities. The property is located about a half mile south of the Mineral Spring and Douglas Avenue intersection, less than a mile from the on/off ramp of Route 146. FF&E is included in the sale of the property.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Retail Clientele: General, Family
Property Visibility: Good
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1954
Year Renovated: 2013
Total Parking Spaces: 30
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,944 212,518 411,224
Median Age: 35.84 34.31 35.38
Households: 10,312 81,791 156,577


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