Open-Layout Nightclub
For Sale
Contact for pricing
51 Union Street Unit C003, Providence, RI 02903
Downtown commercial condo with adaptable space for a bar, lounge, nightclub, or other entertainment venue.
Property SizeContact for details
Days on Market130
Property Features for 51 Union Street Unit C003
General Information
Standard status
Active
Property subtype
Commercial
Property Condition
Severity
Minor
Evidence
requires only minor repairs and cosmetic updates
Building Details
Year Built
1900
Listing Agency:
Innovations Realty
(508) 810-0700
Listed By:
The ALBA Group
Source:
Milburyre
Added: Apr 14
Changed: Aug 20
Last Checked: Aug 20 at 8:49AM
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 Innovations Realty
Investment Insights
Based on property information with market context.
This commercial condominium at 51 Union Street, Unit C003, provides an open interior configuration suited to a nightclub, bar, lounge, or entertainment concept. The layout can accommodate a dance floor, stage, or flexible seating arrangement, while the property requires minor repairs and cosmetic updates before operation. The building dates to 1900.
Located in downtown Providence, the unit is near restaurants, nightlife, offices, residential developments, and major thoroughfares. The property is offered with a five-year triple-net lease structure, including an option for the tenant to purchase during the lease term. CPI increases apply after the fifth year.
Located in downtown Providence, the unit is near restaurants, nightlife, offices, residential developments, and major thoroughfares. The property is offered with a five-year triple-net lease structure, including an option for the tenant to purchase during the lease term. CPI increases apply after the fifth year.
Key Highlights
- Commercial condo at 51 Union Street, Unit C003, Providence, RI 02903
- Open layout supports a dance floor, stage, or customizable seating
- Suitable for a bar, lounge, nightclub, or entertainment venue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,839
Businesses Nearby
69k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 62%
Shops & Services 35%
Dining 3%
Renaissance Providence Downtown Hotel
Hotels & Casinos
33,327 visits/mo
0.5 miles
Bank of America
Shops & Services
14,766 visits/mo
0.5 miles
Residence Inn Providence Downtown
Hotels & Casinos
6,054 visits/mo
0.1 miles
Bank of America
Shops & Services
4,543 visits/mo
0.2 miles
Homewood Suites by Hilton Providence Downtown
Hotels & Casinos
3,707 visits/mo
0.3 miles
Demographics for 02903, RI
13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value
Market
Vacancy Rate% for Retail in Providence, RI
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Similar Off Market Nearby
- Tiny Bar — 377 Richmond St, Providence, RI 02903
- Deadbeats — 289 Knight St, Providence, RI 02909
- Dancing Cats Bar — 41 Central St, Providence, RI 02907
- Ibiza Lounge — Summer St, Providence, RI 02903
- La Sonrisa Restaurant — 320 Broad St, Providence, RI 02907
Frequently Asked Questions
What type of property is this?
Night club - Downtown commercial condo with adaptable space for a bar, lounge, nightclub, or other entertainment venue.
Where is this night club located?
The property is located at 51 Union Street Unit C003 Providence, RI.
What are key features of this property?
This property features: Commercial condo at 51 Union Street, Unit C003, Providence, RI 02903; Open layout supports a dance floor, stage, or customizable seating; Suitable for a bar, lounge, nightclub, or entertainment venue
