Mixed-Use Restaurant & Residential

Retail-Commercial for Sale
Catylist Listing ID: 30497981
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 9,106 SF
Gross Land Area: 0.30 Acres
Sale Price: $1,299,000
Unit Price: $142.65 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 10/16/2020

Overview / Comments

Four story, mixed use, 9,100 SF structure. Two level restaurant with enclosed patio and outside seating. Two over sized three-bedroom apartments, full basement, overall good condition. Onsite parking for 28 cars.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 028-79 & 1045
Zoning: C-2 & R-3
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Atwells Avenue
Tenancy: Multiple Tenants
Number of Stories: 4
Property Condition: Good
Year Built: 1905
Construction/Siding: Brick
Total Parking Spaces: 28
Parking Type: Surface
Parking Description: 0.19± acre parking lot in the rear providing 28 spaces.
Sprinklers: Wet
Heat Type: Natural Gas
Interior Description: This mixed-use property was most recently used by the owner as a cooking school on the ground floor with additional kitchen and office space on the second floor. The ground floor also contains access to an attractive rear courtyard that is partially covered and enclosed by greenery. The 3rd and 4th floors contain two larger three-bedroom apartments that provide views along Atwells Avenue.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 44,632 257,241 461,804
Median Age: 29.94 33.12 36.3
Households: 17,041 95,500 179,595


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