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Equipped Coffee Shop
New
For Sale
$55,000

224 Thayer Street #LL-A2, Providence, RI 02906

An operating beverage business includes drink recipes, equipment, and an established shop setup.

Property Size1,000 SF
Price / SF$55
Days on Market5

Property Features for 224 Thayer Street #LL-A2

General Information

Standard status Active
Size 1,000 SF
Property subtype Business

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Coastline Realty LLC
Listed By: Anna Hsiao · License #REB.0019066
Source: Lockandkeyre
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:42PM

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

Investment Insights

Based on property information with market context.

This bubble tea and beverage business on Thayer Street includes drink recipes, equipment, and an existing operational setup. The shop can continue with its current beverage focus or be adapted to another beverage concept.

The address is 224 Thayer Street, near Brown University and RISD, with restaurants and shops in the surrounding area.

Key Highlights

  • Bubble tea and beverage business at 224 Thayer Street
  • Sale includes drink recipes, equipment, and operational setup
  • Near Brown University and RISD

Property Analytics

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Current Use

Ben & Jerry’s Bakery Vivi Bubble Tea Cafe & Coffee Shop psychic readings by ... Spiritual Center

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Nursing Home Grocery & Convenience Store Tanning Salon

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,793
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 17% Apparel 13%
Insomnia Cookies Dining
8,828 visits/mo 0.2 miles
Citizens Bank Shops & Services
4,414 visits/mo 0.0 miles
Urban Outfitters Apparel
3,496 visits/mo 0.1 miles
Aroma Joe's Dining
3,363 visits/mo 0.1 miles
Pokeworks Dining
3,064 visits/mo 0.1 miles

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Providence, RI

8.5% 2019
8.8% 2020
7.9% 2021
6.2% 2022
6% 2023
5% 2024
6.7% 2025
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Similar Off Market Nearby

  • Starbucks — 59 Chestnut St, Providence, RI 02903
  • Bagel Gourmet Cafe — 222 richmond st, providence, ri 02903
  • L'Artisan Cafe & Bakery — 15 Point St, Providence, RI 02903
  • Coffee Exchange — 207 Wickenden St, Providence, RI 02903
  • Caspian — 239 wickenden st, providence, ri 02903

Frequently Asked Questions

What type of property is this?
Coffee shop - An operating beverage business includes drink recipes, equipment, and an established shop setup.
Where is this coffee shop located?
The property is located at 224 Thayer Street #LL-A2 Providence, RI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Bubble tea and beverage business at 224 Thayer Street; Sale includes drink recipes, equipment, and operational setup; Near Brown University and RISD
More about this property
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