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22 Olneyville Square

Providence, RI 02909
  • $90,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 1357283
UPDATED: 154 min ago
$90,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2022
County:
Area:

School Ratings & Info

Description

True Turnkey business -- this trendy restaurant & lounge is perfect for a motivated entrepreneur. You can be a part of the Olneyville Square revival in Providence, right in the center of the action overlooking the Square from the center. Its lofted second floor location provides privacy and relaxation away from the hustle and bustle down below. The business is fresh and running steady -- a motivated buyer can take over right away. Several highly acclaimed venues also share the Square including a famous, James Beard award-winning restaurant (Olneyville NY System, 80+ years), acclaimed BBQ (Wes' Rib House, 50+ years), popular live music venue (Fete Music Hall), a couple of speakeasies, and a variety of other busy restaurants, not to mention a dozen retail stores. Nightlife has always been a feature of this neighborhood, so people going to the concerts or shows next door can have dinner at your place first. Surrounded by new loft apartment buildings and more under construction, the Square has been attracting new business. Purchase includes all business assets including kitchen equipment, decor, FF&E, etc. Owner installed new hoods, Ansul system, 6 burner range, grill, flat-top griddle, fryer, dishwasher, coolers, etc., plus buildout work including refinished floors, wider commercial windows, handicap stair lift, fully loaded HVAC (heat and cooling), water heater, Cintas sprinkler system and more. Rent $5900/month. Financials provided for serious candidates.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-05-25T13:37:48.213.
www.mercuriogroup.com/homes/149830773
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22 Olneyville Square Providence, RI 02909

  • Price: $90,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 154 min ago
  • MLS #: 1357283
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2022
Built
Neighborhood:
Olneyville Square
County:
Providence
Area:
Providence
Property Description
True Turnkey business -- this trendy restaurant & lounge is perfect for a motivated entrepreneur. You can be a part of the Olneyville Square revival in Providence, right in the center of the action overlooking the Square from the center. Its lofted second floor location provides privacy and relaxation away from the hustle and bustle down below. The business is fresh and running steady -- a motivated buyer can take over right away. Several highly acclaimed venues also share the Square including a famous, James Beard award-winning restaurant (Olneyville NY System, 80+ years), acclaimed BBQ (Wes' Rib House, 50+ years), popular live music venue (Fete Music Hall), a couple of speakeasies, and a variety of other busy restaurants, not to mention a dozen retail stores. Nightlife has always been a feature of this neighborhood, so people going to the concerts or shows next door can have dinner at your place first. Surrounded by new loft apartment buildings and more under construction, the Square has been attracting new business. Purchase includes all business assets including kitchen equipment, decor, FF&E, etc. Owner installed new hoods, Ansul system, 6 burner range, grill, flat-top griddle, fryer, dishwasher, coolers, etc., plus buildout work including refinished floors, wider commercial windows, handicap stair lift, fully loaded HVAC (heat and cooling), water heater, Cintas sprinkler system and more. Rent $5900/month. Financials provided for serious candidates.
Exterior Features

Construction Materials Brick Frontage Length 65 Levels Two Parking Total 0

Interior Features

Basement Partial Basement YN Yes Cooling Central Air Cooling YN Yes

Property Features

Association Fee 0 Association Fee Frequency Monthly Business Type Bar Tavern Lounge Food Beverage Restaurant Community Features Highway Access Public Transportation Restaurant Electric Item3 Phase Item220 Volts Human Modified YN Yes Land Lease YN No Lease Considered YN Yes New Construction YN No Owner Pays Gas Hot Water Property Sub Type Business Security Features Fire Sprinkler System Sewer Public Sewer Tax Annual Amount 12955 Tax Assessed Value 369100 Tax Lot 323 Tax Year 2023 Utilities Electricity Available Natural Gas Available Water Source Public Zoning C-2

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Churchill & Banks Co., LLC: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-05-25T13:37:48.213.
 
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Pawtucket RI, 02861