Formerly Red Fez

Retail-Commercial for Sale
Sale Pending
Formerly Red Fez
Catylist Listing ID: 30552815
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 2,164 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $207.95 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/3/2020

Overview / Comments

2,164 SF, two story, free standing bar/restaurant, great location in Central Business District, near East Side, nighttime parking available.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 020-0048
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Friendship and Pine Streets
Property Visibility: Good
Highway Access: Good
Site Description: 1,698 SF lot, located in Central Business District, close to J&W, courthouses, financial center, RISD.
Area Description: Providence Central Business District.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,308 SF
Property Condition: Good
Year Built: 1900
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Two story masonry building, new roof.
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: Nighttime parking available.
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Other
Interior Description: Ground level bar/restaurant, loft type finish, second level bar, vaulted ceiling, loft finish.
Zoning Description: D1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,883 246,737 462,010
Median Age: 29.07 32.76 36.35
Households: 12,698 91,297 179,713

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