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Listing Details

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MLS #
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School Ratings & Info

Description

Great investment opportunity to become an owner and work for yourself at this well established family Snack Bar / Restaurantsuccessfully managed for over 30 years by the same family. Great visibility on high traffic location close to everything.Snack Bar / Restaurant was renovated recently with a fully equipped kitchen. There is also a walk in cooler and stand up freezers. Property consists of Snack Bar / Restaurant and a 5 apartment building above.This is one of the local Restaurants well known for their excellent food service with a great reputation which generates very positive revenue. Building and Business have all separate utilities. Furnace and central A/C for the Restaurant and bar is only 2 years old. Sale includes all equipment and existing supplies. Transferable full liquor license, subject to the new owner / buyer qualify for liquor license.Owner is retiring but willing to train.Showings are by appt only for qualified buyers which must produce an approval letter or proof of funds. If you ever dreamed of owning your own business, don't wait!!

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© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Barrows Team Realty | Keller Williams Realty Leading Edge are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Barrows Team Realty | Keller Williams Realty Leading Edge. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-21T10:37:41.533.
www.barrowsteamrealty.com/homes/119305732
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168 Broad Street Cumberland, RI 02864

  • Price: $874,900
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 1288305
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,925
SQFT
$299
$/SQFT
1930
Built
Neighborhood:
Valley Falls
County:
Providence
Area:
Cumberland
Property Description
Great investment opportunity to become an owner and work for yourself at this well established family Snack Bar / Restaurantsuccessfully managed for over 30 years by the same family. Great visibility on high traffic location close to everything.Snack Bar / Restaurant was renovated recently with a fully equipped kitchen. There is also a walk in cooler and stand up freezers. Property consists of Snack Bar / Restaurant and a 5 apartment building above.This is one of the local Restaurants well known for their excellent food service with a great reputation which generates very positive revenue. Building and Business have all separate utilities. Furnace and central A/C for the Restaurant and bar is only 2 years old. Sale includes all equipment and existing supplies. Transferable full liquor license, subject to the new owner / buyer qualify for liquor license.Owner is retiring but willing to train.Showings are by appt only for qualified buyers which must produce an approval letter or proof of funds. If you ever dreamed of owning your own business, don't wait!!
Exterior Features

Construction Materials Other Fencing Fenced Foundation Details Combination Frontage Length 70 Levels Three Or More Lot Features Corner Lot Parking Total 5

Interior Features

Basement Full Basement YN Yes Cooling Central Air Furnished Furnished Heating BaseboardCentralForced AirGasOther

Property Features

Association Amenities Restaurant Association Fee 0 Business Type Mixed Community Features Highway AccessNear SchoolsPublic TransportationRestaurantShoppingHigh Traffic LocationStreet LightsSidewalks Current Use Mixed Use Electric 200+ Amp Service440 Volts Gross Income 0 Inclusions Walk In Cooler3 Stand Up Freezers Stove Bar Express Coffee Machine ComputerDining Room Furniture Land Lease YN No Laundry Features In UnitLaundry Room Lease Considered YN No Operating Expense 0 Owner Pays All UtilitiesGasHeatPest ControlRepairsSnow RemovalTaxesTrash CollectionTelephoneWater Possible Use Multi-FamilyMixed Use Property Sub Type Business Road Frontage Type City Street Road Surface Type Paved Security Features Carbon Monoxide Detector(S)Fire AlarmFire EscapeSmoke Detector(S) Sewer Connected Tax Annual Amount 5500 Tax Assessed Value 371400 Tax Lot 090 Tax Year 2020 Tenant Pays Cable TvHeatHot Water Utilities Cable AvailableElectricity AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source ConnectedPublic Zoning Res/ B

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of Custodio Realtors.





© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Barrows Team Realty | Keller Williams Realty Leading Edge are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Barrows Team Realty | Keller Williams Realty Leading Edge. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-21T10:37:41.533.
 
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Barrows Team Realty | Keller Williams Realty Leading Edge
14 Breakneck Hill Road, Suite 101
Lincoln RI, 02865