Restaurant/Venue for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30199251
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,890 SF
Gross Building Area: 13,440 SF
Gross Land Area: 7.39 Acres
Sale Price: $499,900
Unit Price: $56.23 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: The Pines Restaurant
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/18/2018

Overview / Comments

Ready, Set, "Cook, Pour" and start booking functions! This gorgeous northern Rhode Island staple of history sits on a beautiful 7.39 acres of secluded pines. Most of it was renovated in the last 5-8 years. The bar area holds 96, dining area 98 and the function room can hold almost 200. All equipment is in place with a full liquor license available to convey with the sale. Facility has tons of parking and grounds that could host weddings and other functions. Truly a gem, super investment, just needs you! Unfinished back area with additional space, video available upon request. Formerly known as "The Pines Restaurant"

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Zoning: REA
Retail Clientele: General, Family, Business, Recreation, Other
Property Visibility: Good
Largest Nearby Street: Providence Pike
Highway Access: Close to 146
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1936
Year Renovated: 2010
Construction/Siding: Vinyl Siding, Wood Siding
Total Parking Spaces: 200
Parking Type: Surface, Other
Parking Description: Large parking lot and additional parking in back
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard, Central
Air Conditioning: Other
Internet Access: Cable
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 34,376 84,010
Median Age: 39.62 38.96
Households: 13,261 32,066

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