West Warwick Restaurant
For Sale
Contact for pricing
52 Providence ST Providence Street, West Warwick, RI 02893
Established restaurant with parking and potential in West Warwick, RI.
Property SizeContact for details
Lot Size0.90 Acres
Days on Market912
Property Features for 52 Providence ST Providence Street
General Information
Standard status
Active
Total Parking Spaces
80
Lot size
0.90 Acres
Property subtype
Land, Retail
Building Details
Year Built
1965
Buildings
1
Stories
2
Listing Agency:
Circle 100 Real Estate
(401) 227-7501
Listed By:
Shuman Hsia
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 16
Last Checked: Aug 21 at 5:08AM
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 Circle 100 Real Estate
Investment Insights
Based on property information with market context.
This Chinese American restaurant, situated on almost an acre of land comprising two lots (0.558 acres and 0.343 acres combined), is located in a densely populated residential and business district in West Warwick. The restaurant has been in operation since 1984, providing service and food to the local community and visitors. Renovated in 2020 with updates and upgrades, the restaurant features 150 seats and 80 parking spaces, and holds a full liquor license. The property abuts the Washington Secondary Bike Trail, presenting an additional opportunity for food, beverage, or snack service. A full basement provides storage space, and the large parking lot offers potential for further development.
Key Highlights
- Prime location in a densely populated residential and business district.
- Large capacity: 150 seating and 80 parking spaces.
- Full liquor license.**
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 41%
Dunkin' Donuts
Dining
12,523 visits/mo
0.4 miles
Exxon
Shops & Services
7,896 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
764 visits/mo
0.4 miles
Demographics for 02893, RI
31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant with parking and potential in West Warwick, RI.
Where is this conventional restaurant located?
The property is located at 52 Providence ST Providence Street West Warwick, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in a densely populated residential and business district.; Large capacity: **150 seating and 80 parking spaces.**; Full liquor license.**
