Food & BeverageVerified Seller
Turnkey Restaurant & Event Space in Providence, RI - $1.3M - Prime Highway Location
Providence, Rhode Island
Asking Price$1,300,000
Annual RevenueUpon Request
EBITDA / Cash FlowUpon Request
Executive Overview
Exceptional turnkey Restaurant with Real Estate opportunity in Providence, RI, featuring over 10,000 square feet of prime commercial space on nearly an acre of land, strategically located at a highway on-ramp with tremendous growth potential. $X,XXX,XXX
Key Investment Highlights
- •Fully equipped restaurant with 50 parking spaces
- •Large dining area with dedicated event space and outdoor patio
- •Three fully stocked bars and high-capacity commercial kitchen
- •Exceptional visibility with high traffic counts near Providence College
- •Significant residential development potential on second and third floors
This versatile property boasts a fully operational commercial kitchen featuring an Ansul system, multiple sandwich units, grill, oven, fryers, and two walk-in coolers. The strategic location near downtown, bus stations, and train stations makes it an ideal investment for restaurateurs, investors, or developers seeking a multi-purpose commercial real estate opportunity.
The property offers exceptional flexibility, with potential for a new restaurant concept, mixed-use development, or residential expansion. The prime location and extensive infrastructure provide a turnkey solution for entrepreneurs looking to enter the Providence market or expand their existing business portfolio with minimal initial investment.