Mello Building 834-836 Admiral St

834-836 Admiral St , Providence, Rhode Island, 02904 | 1,912 sq.f | $ 449,000

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About This Restaurant

Investment Highlights

Carbon Monoxide Detectors Fire Sprinkler System Smoke Detectors Fire Alarm/Escape Security Fence

Executive Summary

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. Selling business too, for the price of $150,000. 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. Currently the Corner Grill 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. Its state-of-the-art culinary facilities, spacious dining area, 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.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Fast Food Storefront
  • Building Size    1,912
  • Building Class    C
  • Year Built/Renovated    1940/2020
  • Price    449,000
  • Price Per SF    235
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.73
  • Land Acres    0.06 AC

Amenities

  • Bus Line
  • Signage

Property Taxes

Parcel Number PROV-001240-000508-000000 Improvements Assessment $63,800
Land Assessment $87,100 Total Assessment $150,900
Date Created: 2024-07-16 04:23:35 Last Updated: 2024-07-16 04:23:35
Address: 834-836 Admiral St , Providence, Rhode Island, 02904