Village Pizza

Retail-Commercial for Sale
Catylist Listing ID: 30505072
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 2,616 SF
Gross Building Area: 3,970 SF
Sale Price: $750,000
Unit Price: $286.70 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2019

Overview / Comments

Village Pizza, a strong successful business for over 36 years. Closed due to family circumstances. Great opportunity for new ideas to flourish. A proven location surrounded by successful long term businesses in the area–General Dollar, Wyoming Package Store, YMCA, Stop & Shop. Route 95 exit close by. Thriving area in need of more restaurant choices. BONUS, a lovely apartment above restaurant.

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Tax ID/APN: RI 05B/007-000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Dollar General and Wyoming Package Store
Property Visibility: Excellent
Largest Nearby Street: Route 95 and Route 138
Feet of Frontage: 52
Highway Access: 1/4 mile to Route 95
Area Description: In the middle of large retail area surrounded by package stores, shopping and convenience stores and one of RI's best public golf courses.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Well built, well cared for building with business and apartment in an excellent location
Parking Type: Surface
Parking Description: Asphalt parking area, 5000 sq ft
Heat Type: Natural Gas, Oil
Heat Source: Baseboard
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Interior Description: Restaurant seating 64 people. Full commercial kitchen.
Zoning Description: General business area. Commercial II MDL-94

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,940 3,381 13,858
Median Age: 41.91 40.9 42.44
Households: 749 1,238 5,221

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