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    Johnston, RI
    Conventional Restaurant

    Johnston, RI Conventional Restaurants for Sale

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    Cranston, RI North Providence, RI Providence, RI Smithfield, RI Scituate, RI Lincoln, RI Glocester, RI Pawtucket, RI
    Turnkey Multi-Unit Mixed-Use Property
    Updated: Jul 17
    Turnkey Multi-Unit Mixed-Use Property

    620 Killingly Street, Johnston, RI 02919

    $899,900
    3,377 sqft 0.30 AC lot
    Four‑unit property (3 commercial, 1 residential) is fully occupied with immediate diversified income.
    13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles.
    Single‑level building includes a double unit leased to a pizza and pasta restaurant with 5 years remaining on the lease.
    Up‑and‑down mixed‑use building has month‑to‑month tenants: a first‑floor small business and a second‑floor residential unit.
    Both buildings have newer heating systems; heating includes natural gas baseboard.
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    This listing looks promising.

    Here's a quick look at some key insights for

    620 Killingly Street, Johnston, RI 02919

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $260K
      Jan 2020

    • Last Sold

      Jan 2020
      $360K
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Johnston, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant Opportunity with Extra Lot
    Turnkey Restaurant Opportunity with Extra Lot

    146 Gansett Avenue, Cranston, RI 02910

    $749,000
    2,802 sqft

    Turnkey restaurant with equipment, furniture, and extra lot included.

    View details
    Restaurant Building in High-Traffic Area
    Restaurant Building in High-Traffic Area

    1296 Cranston, Cranston, RI 02920

    $150,000
    669 sqft

    Restaurant property in a high-visibility, high-traffic location.

    View details
    Turnkey Restaurant with Full Bars
    Turnkey Restaurant with Full Bars

    38 Dike Street, Providence, RI 02909

    $1,995,000

    Recently renovated restaurant with full kitchen, two bars, and dining seating for 150+ plus an upper floor for redevelopment.

    View details
    Providence Restaurant Business Opportunity
    Providence Restaurant Business Opportunity

    834 Admiral Street, Providence, RI 02904

    $150,000

    Thriving restaurant business and real estate for sale in Providence.

    View details

    Johnston, RI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Johnston, RI on our real estate platform. These investment opportunities span a total of 3,377 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for conventional restaurants in Johnston, RI start at $899,900, averaging $899,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +0.8%
    Median Household Income $87,811
    College Educated 37.3%

    High-Yield Neighborhoods for Investment

    Identify Johnston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02919 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.39%
    Property Tax per SF $37.43 per SF
    Tax Rate vs County Average 0.40 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Johnston fall within the 100,000+ square foot range.

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