Golf Course
Address
834 Admiral Street, Providence, RI
Price
$ 150,000
Property Attributes
  • MLS#1359811
  • TypeSingle Family
  • CountyPROVIDENCE
  • CityProvidence
  • NeighborhoodElmhurst-Providence College-Lasalle
  • Zip02904
  • StyleBusiness
  • Year Built1940
  • Taxes$ 5278
  • Price$ 150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1912
  • Lot Size0.06 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

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

Price History
5/23/2024 Listed $150,000

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 Business
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 BusinessOpportunity
Association Amenities BusinessCenter,Restaurant
HOA / Comm Assn No
Attached Garage No
Subdivision Name Elmhurst/Providence College/Lasalle
Possible Use Commercial,Dairy,Investment,Other,Retail,Subdivision,SeeRemarks,HighwayTouristService
Garage Y/N No
Building Features Cafeteria,ComputerArea,PublicRestrooms
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 5278.0
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--1359811
Days on Market 10
Lease Type AbsoluteNet
Standard Status Active
Occupancy Type Owner
Tax Lot 508
Ownership Type LLC
Property Sub Type Additional Business
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 Single Family Average in 02904

Price
AVG $440K
$150K
Taxes
AVG $5,493
$5,278
Visits
AVG 113
196
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1940

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