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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