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Turn-Key Two-Level Restaurant Facility
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151 Fountain St, Pawtucket, RI 02860

Freestanding two-level restaurant and banquet facility offered in turn-key condition with approximately 48 parking spaces.

Property Size12,206 SF
Lot Size0.63 Acres
Days on Market123

Property Features for 151 Fountain St

General Information

Standard status Active
Size 12,206 SF
Total Parking Spaces 48
Lot size 0.63 Acres
Property subtype Retail

Building Details

Stories 2
Listing Agency: MG Commercial
Listed By: Dan Feiner · License #RI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:21AM

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 MG Commercial

Investment Insights

Based on property information with market context.

This free-standing, two-level restaurant and banquet facility totals 12,206 square feet and is offered in turn-key condition for a new owner. The property is configured for both restaurant service and banquet events, and it presents as a ready-to-operate option.

The facility sits on a 27,620-square-foot site with approximately 48 parking spaces available. The property could potentially be converted to residential use, offering an alternate path for qualified buyers.

As presented, the improvements and operating-ready condition make it a straightforward acquisition for an owner-operator or investor seeking an established restaurant and banquet platform.

Key Highlights

  • 12,206 SF freestanding, two‑level restaurant and banquet facility
  • Offered in turn‑key condition for new owner
  • Situated on 27,620 SF lot

Property Analytics

Current Use

Fountain Street Grille Bar & Pub LeFoyer Restaurant

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Electrical Service Locksmith Daycare Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,579
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
9,385 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
1,363 visits/mo 0.4 miles

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding two-level restaurant and banquet facility offered in turn-key condition with approximately 48 parking spaces.
Where is this conventional restaurant located?
The property is located at 151 Fountain St Pawtucket, RI.
What are key features of this property?
This property features: 12,206 SF freestanding, two‑level restaurant and banquet facility; Offered in turn‑key condition for new owner; Situated on 27,620 SF lot
(401) 751-3200 Call to check price and availability
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