Nicole Vargas
Price Reduced 16.67%
Price History
$90,000
4/18/2024
$75,000
6/3/2024
22 Olneyville Square, Providence, RI, 02909
2022
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.
Status:
Active
Type:
Commercial
Units:
0
Zoning:
C-2
Frontage:
65
Complex:
Olneyville Square
Cooling:
Central Air
Basement:
Partial
Acreage:
0.09
Est. Taxes:
$12,955
Assessment
$369,100
Construction
Brick
Utilities
Electricity Available,Natural Gas Available
Amenities:
Highway Access, Public Transportation, Restaurant
Days on Market:
46
MLS #:
1357283
Community Info
School Info
Walk Score
Mass Transit
Yelp
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