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Turn-Key Restaurant with Two Bars
For Lease
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38 Dike St, Providence, RI 02909

Turn-key restaurant with ample on-site parking, two bars, and FF&E included for immediate use.

Space Size7,559 SF
Days on Market90

Property Features for 38 Dike St

General Information

Standard status Active
Size 7,559 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Space Use Restaurant
Furnished Yes

Additional Details

Equipment Included Yes

Spaces For Lease

at 38 Dike St Contact us

38 Dike St $6,500/Mo

Floor
1
Size
7,559 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- True "turn-key" restaurant opportunity - Ample on-site parking - 2 bars and dining...
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Contact us
Listing Agency: MG Commercial
Listed By: Dan Feiner · License ##RES.0029089
Source: Moodyscre
Added: Jun 16 Changed: Aug 8 Last Checked: Sep 13 at 6:43AM

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 turn-key restaurant opportunity is set up for operations with two bars and dedicated dining areas. All FF&E is included, supporting an immediate start for a qualified operator looking for a ready-to-run space.

The property includes ample on-site parking, a practical amenity for daily traffic and evening dining. It is located in the heart of Olneyville in Providence, RI.

With the included furnishings and focused bar-and-dining layout, the space is well suited for operators seeking a restaurant concept that uses both bar service and seated dining in a single location. The property comprises 7,559 SF.

Key Highlights

  • 7,559 SF restaurant space
  • Two bars and dining areas
  • All FF&E included

Property Analytics

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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
$1.55 /SF/Yr
CAM

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
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant with ample on-site parking, two bars, and FF&E included for immediate use.
Where is this conventional restaurant located?
The property is located at 38 Dike St Providence, RI.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: 7,559 SF restaurant space; Two bars and dining areas; All FF&E included
(401) 465-9224 Call to check price and availability
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