Golf Course
Address
834 Admiral Street, Providence, RI
Price
$ 499,000
Property Attributes
- MLS#1359808
- TypeCommercial
- CountyPROVIDENCE
- CityProvidence
- NeighborhoodElmhurst-Providence College-Lasalle
- Zip02904
- StyleCommercial
- Year Built1940
- Taxes$ 5297
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1912
- Lot Size0.06 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Its state-of-the-art culinary facilities 834 & 836 Admiral (2) Buildings within the strip mall, spacious dining area with high chairs bar counter and adaptable layout with options for expansion let you customize the space to suit your vision, whether it's expanding the dining area, creating private event spaces, Coffee shop cafe' or introducing new amenities.!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. The building enjoys a prominent location as well as historic charm and architectural allure, making it a landmark in the community for both PC Area, Lasalle Bakery, Mineral Spring, Smith Street, Orms Street, Providence and North Providence Line. Call to schedule a private viewing today. Please refer to MlS #1359811 for The Business Opportunity (SOLD as a Package) As its inclusive of all fixed Fixtures +Equipment, Furniture, + Point of Sale Equipments (POS) etc.. This is a Thriving Turn - 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. MUST SEE, Are you ready to expand into New areas. Books available
| Price History | |
|---|---|
| 5/23/2024 | Listed $499,000 |
General Features
| Sewer | Connected,PublicSewer,SewerAssessments |
|---|---|
| Heating | Common,ForcedAir,Gas,Zoned |
| Cooling | CentralAir |
| Utilities | CableAvailable,ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,SewerConnected |
| Possession | Immediately,Negotiable |
| Zoning | C-1 |
| HOA | 0.0 |
| Security Features | CarbonMonoxideDetectors,FireAlarm,FireEscape,FireSprinklerSystem,SmokeDetectors,SecurityFence,BuildingSecurity |
| Construction Materials | Brick,Masonry |
| Year Built | 1940 |
| Electric | Item200AmpService |
| Tenant Pays | AllUtilities |
| Stories | 1 |
| Levels | One |
| Property SubType | Commercial |
| Tax Year | 2023 |
| OwnerPays | AllUtilities |
| Business Type | DeliCatering,FoodBeverage,IceCreamFrozenYogurt,RealEstate,Restaurant,Retail |
| Community Features | BusinessCenter,Golf,HighwayAccess,NearHospital,PublicTransportation,Restaurant,Shopping,HighTrafficLocation,StreetLights,Sidewalks |
| Building Name | Mello Building |
| Business Name | The Corner Grill |
| County | Providence |
| Net Operating Income | 139098.0 |
| Insurance Expense | 6510.99 |
| New Construction | No |
| Property Type | CommercialSale |
| Association Amenities | BusinessCenter,Restaurant |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Elmhurst/Providence College/Lasalle |
| Possible Use | Commercial,Investment,Other,Retail,Subdivision,HighwayTouristService |
| Garage Y/N | No |
| Building Features | Cafeteria,ComputerArea,PublicRestrooms |
| Green Indoor Air Quality | Ventilation |
| Green Sustainability | RecyclableMaterials,RecycledMaterials |
| Status | Active |
| City | Providence |
| Green Location | PublicTransportation,Walkability |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 3 |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 2184.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 5297.0 |
| Home Warranty Y/N | No |
| Fuel Expense | 4275.6 |
| Trash Expense | 6424.53 |
| Water Sewer Expense | 603.55 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Leasable Area | 0.0 |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/834-836-Admiral-ST-Providence-RI-02904--1359808 |
| Days on Market | 10 |
| Lease Type | AbsoluteNet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Assessed Value | 150900 |
| Tax Lot | 508 |
| Ownership Type | LLC |
| Taxes | 1105.96 |
| Cap Rate | 21.43 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | None |
|---|---|
| Furnished Y/N | Furnished |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1912.0 |
| Electric On Property Y/N | No |
| SeatingCapacity | 50 |
Exterior Features
| Fencing | Fenced |
|---|---|
| Lot Features | CornerLot |
| Water Source | Connected,MultipleMeters,Public,WaterAssessments |
| Total Parking | 0.0 |
| Inclusions | Inventory 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 |
| Lot Size Area | 2184.0 |
| Foundation Details | Combination,ConcretePerimeter,Slab |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 1912.0 |
| Lot Size Acres | 0.06 |
| Road Surface Type | Paved |
| Frontage Length | 44 |
| Road Frontage Type | CityStreet,StateRoad |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02904
Price
Taxes
Visits
Year Built
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