Providence, RI 02904 834 Admiral Street
$150,000
21 more
Presented By: Residential Properties Ltd. - 401-245-9600
SQFT • 1,912
Home Details
Key Business opportunity with Providence Ghost kitchen, and/or Cloud Kitchens, team - Partnerships ready for you with minimum - lower risk and higher return with minimized expenses. The Corner Grill Restaurant, Halal Restaurant, beloved for its cozy atmosphere and fine food, the building enjoys a prominent location as well as historic charm and architectural allure, making it a landmark in the community. Delivery Platform Chownow, Doordash, Grubhub, Postamtes, Uber-Eats, Popchew (with 7 virtual rest.) Ordermark Platforms (with 3 virtual rest. and 9 Virtual rest, that's more brand new platforms, which were recently in 2023, adding to QSR (Quick Service Restaurant). Big opportunity to acquire both a thriving restaurant business - with multiple virtual restaurant contracts - and the valuable real estate it occupies for healthy return on investment. With a location equidistant to Smith Hill, Oakland Ave., and Elmhurst, amid bustling commercial districts, vibrant neighborhoods, and key transportation arteries, you're ready to become the owner of a hot restaurant property in Providence nestled on a prime corner lot. Call to schedule a private viewing today! Must see as this is the New Future tap into new ventures
Presented By: Residential Properties Ltd. - 401-245-9600
Interior Features for 834 Admiral Street
Bathrooms
Total Baths
Other Interior Features
SeatingCapacity50
Above Grade Finished Area1912.0
Air Conditioning Y/NYes
BasementNone
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Furnished Y/NFurnished
Heating Y/NYes
Total Stories1
General for 834 Admiral Street
Additional Parcels Y/NNo
Association AmenitiesBusinessCenter, Restaurant
Attached Garage No
Building FeaturesCafeteria, ComputerArea, PublicRestrooms
Building NameMello Building
Business NameThe Corner Grill
Business TypeDeliCatering, FoodBeverage, IceCreamFrozenYogurt, RealEstate, Restaurant, Retail
Cap Rate21.43
Carport Y/NNo
CityProvidence
Community FeaturesBusinessCenter, Golf, HighwayAccess, NearHospital, PublicTransportation, Restaurant, Shopping, HighTrafficLocation, StreetLights, Sidewalks
Construction MaterialsBrick, Masonry
CoolingCentralAir
CountyProvidence
Days on Market10
ElectricItem200AmpService
Fuel Expense4275.6
Garage Y/NNo
Green LocationPublicTransportation, Walkability
Green SustainabilityRecyclableMaterials, RecycledMaterials
HOA0.0
HeatingCommon, ForcedAir, Gas, Zoned
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense6510.99
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeAbsoluteNet
LevelsOne
Lot Size Square Feet2184.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income139098.0
New ConstructionNo
Number of Units Leased0
NumberOfUnitsTotal3
Occupancy TypeOwner
OwnerPaysAllUtilities
Ownership TypeLLC
PossessionCloseThrough45Days, Immediately, Negotiable
Possible UseCommercial, Dairy, Investment, Other, Retail, Subdivision, SeeRemarks, HighwayTouristService
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubTypeBusiness
Property TypeBusinessOpportunity
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, FireAlarm, FireEscape, FireSprinklerSystem, SmokeDetectors, SecurityFence, BuildingSecurity
Senior Community Y/NNo
SewerConnected, PublicSewer, SewerAssessments
Standard StatusActive
StatusActive
Stories1
Subdivision NameElmhurst/Providence College/Lasalle
Tax Annual Amount5278.0
Tax Lot508
Tax Year2023
Taxes$1,106
Tenant PaysAllUtilities
Trash Expense6424.53
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, NaturalGasConnected, SewerConnected
View Y/NNo
Virtual TourClick here
Water Sewer Expense603.55
Waterfront Y/NNo
Year Built1940
ZoningC-1
Exterior for 834 Admiral Street
Building Area Total1912.0
Crops Included Y/NNo
FencingFenced
Foundation DetailsCombination, ConcretePerimeter, Slab
Frontage Length44
Horse Y/NNo
InclusionsInventory List:Commercial Equipments & Fixtures Inclusive- SOLD with Business Package at $150K (Kitchen Appliances and Utensils (Custom Built Commercial Ducted Range Hood Silver System, in stainless S
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.06
Lot Size Area2184.0
Number of Buildings2
Open Parking Y/NNo
Road Frontage TypeCityStreet, StateRoad
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourceConnected, MultipleMeters, Public, WaterAssessments
Additional Details
Price History
