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Turn-Key Restaurant Space in Olneyville
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38 Dike Street, Providence, RI 02909

Fully renovated restaurant space with commercial kitchen and flexible layout.

Space Size7,559 SF
Property Size11,000 SF
Days on Market85

Property Features for 38 Dike Street

General Information

Standard status Active
Size 7,559 SF
Property subtype Restaurant

Building Details

Building Size 11,000 SF
Year Built 1900
Tenancy Multiple

Spaces For Lease

at 38 Dike Street Contact us

Available Space

Size
7,559 SF
Type
Restaurant
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: MG Commercial
Listed By: Leeds Mitchell · License #REB 0019529
Source: Crexi
Added: May 19 Changed: Aug 8 Last Checked: Aug 8 at 7:20AM

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.

Located in the heart of Olneyville, the former Wes’s Rib House at 38 Dike Street offers a turn-key restaurant space. The property features expansive windows that provide natural light. The layout includes two bar areas and two separate dining/seating sections, making it suited for a variety of hospitality concepts. The space comes equipped with a complete commercial kitchen, along with all existing furniture, fixtures, and equipment, including tables and chairs. Olneyville is a dynamic neighborhood known for its industrial charm, rich cultural history, and creative energy. This area has been reimagined as a creative enclave where historic mill buildings now house art studios, boutique businesses, and eclectic living spaces. 38 Dike Street is conveniently located near major highways (Routes 6, 10 & 95), providing access to the greater Providence area and beyond.

Key Highlights

  • Fully renovated, turn‑key restaurant space ready for immediate operation.
  • Complete commercial kitchen and all existing furniture, fixtures, and equipment included.
  • Adaptable floor plan with two bar areas and two separate dining/seating sections.

Property Analytics

Current Use

The Boiler Room Music Venue Wes' Rib House Restaurant Atm Atm

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic Parking Lot & Garage Carpet & Flooring Store Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,395
Businesses Nearby
117k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 46% Electronics 3% Home Improvements & Furnishings 1%
McDonald's Dining
22,557 visits/mo 0.1 miles
Bank of America Shops & Services
18,247 visits/mo 0.1 miles
Dunkin' Donuts Dining
14,816 visits/mo 0.2 miles
Family Dollar Shops & Services
13,690 visits/mo 0.2 miles
Burger King Dining
12,060 visits/mo 0.2 miles

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully renovated restaurant space with commercial kitchen and flexible layout.
Where is this conventional restaurant located?
The property is located at 38 Dike Street Providence, RI.
What are key features of this property?
This property features: Fully renovated, turn‑key restaurant space ready for immediate operation.; Complete commercial kitchen and all existing furniture, fixtures, and equipment included.; Adaptable floor plan with two bar areas and two separate dining/seating sections.
(401) 751-3200 Call to check price and availability
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