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Turnkey Restaurant Condo and Bar

123 Dorrance, Providence, RI 02903

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For Sale

$950,000

Fully equipped restaurant and bar in downtown Providence.

Type:Commercial

Property size:

2,033 SF

Price / SF:

$467/SF

HighLights

Prime downtown Providence location with high foot and vehicle traffic.
Turnkey restaurant condo and bar, fully equipped and ready for operation.
Includes a valuable liquor license.
Seating capacity for 80‑100 patrons.
Suitable for diverse dining concepts (upscale, casual, gastropub, lounge).
Located next to the courthouse and luxury residential buildings.

We can help!

Listing Contact

QING LU ZHU

Learn more

For Sale

$950,000

Fully equipped restaurant and bar in downtown Providence.

Type:Commercial

Property size:

2,033 SF

Price / SF:

$467/SF

Added:: Apr 14, 2026
Days on Market:: 61
Last Refresh:: Apr 14 at 8:20 pm

Property Features for 123 Dorrance

General Information

Standard status: Active
Size: 2,033 SF
Property subtype: Commercial

Building Details

Year Built: 1897

We can help!

Listing Contact

QING LU ZHU

Listing agent QING LU ZHU

Listing office COASTLINE REALTY LLC

Listing date Apr 14, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of COASTLINE REALTY LLC

HighLights

Prime downtown Providence location with high foot and vehicle traffic.
Turnkey restaurant condo and bar, fully equipped and ready for operation.
Includes a valuable liquor license.
Seating capacity for 80‑100 patrons.
Suitable for diverse dining concepts (upscale, casual, gastropub, lounge).
Located next to the courthouse and luxury residential buildings.

Overview

This 2,033 sq. ft. restaurant condo and bar is located in downtown Providence. The property is fully equipped and offers a turnkey investment opportunity. It features 80-100 seats and a full bar, along with a liquor license. The space is suited for various dining concepts, including upscale dining, casual eateries, lounges, or gastropubs. Situated next to the courthouse, luxury residential buildings, and a thriving downtown district, the property benefits from high foot and vehicle traffic. The location's proximity to growing neighborhoods and expanding commercial developments makes it suitable for entrepreneurs, restaurateurs, and investors looking for high-income potential and long-term value. It is suited to establish or expand a successful restaurant business.

Location Intelligence

Current Use by Public Records

Veggie Fun Restaurant

Suggested Use

Similar Places Nearby

Tiny Bar — 377 Richmond St, Providence, RI 02903
Dancing Cats Bar — 41 Central St, Providence, RI 02907
Y Noodle & Bar — 425 W Fountain St #100, Providence, RI 02903
Ibiza Lounge — Summer St, Providence, RI 02903
La Sonrisa Restaurant — 320 Broad St, Providence, RI 02907

Location Insight

Map
Local Demand

City: Providence
County: Providence
State: Rhode Island
Longitude: -71.4100664
Latitude: 41.8222457

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For sale
Bars & Pubs
RI
Providence
02903
123 Dorrance

What type of property is this?

Bar & Pub - Fully equipped restaurant and bar in downtown Providence.

Where is this bar & pub located?

The property is located at 123 Dorrance Providence, RI.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Prime downtown Providence location with high foot and vehicle traffic.; Turnkey restaurant condo and bar, fully equipped and ready for operation.; Includes a valuable liquor license.