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Central Falls Restaurant Opportunity
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548 Dexter St, Central Falls, RI 02863

Restaurant property for sale in Central Falls, Rhode Island.

Property SizeContact for details
Days on Market122

Property Features for 548 Dexter St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Abbott Properties, Llc
Listed By: Karen Catuogno
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 7:09AM

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 Abbott Properties, Llc

Investment Insights

Based on property information with market context.

Located on Dexter Street in Central Falls, Rhode Island, this property has been family-owned for decades and currently operates as a restaurant. The building features a full basement and a new roof, presenting a potential opportunity for continued use as a restaurant or other commercial ventures.

Key Highlights

  • New roof provides peace of mind.
  • Full basement offers ample storage or finishing potential.
  • Restaurant currently operating on property.

Property Analytics

Current Use

Sparky's Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 36% Dining 35% Shops & Services 28% Electronics 1%
Price Rite Groceries
26,972 visits/mo 0.4 miles
Cumberland Farms Shops & Services
12,376 visits/mo 0.5 miles
Burger King Dining
11,984 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,898 visits/mo 0.4 miles
7-Eleven Shops & Services
8,598 visits/mo 0.4 miles

Demographics for 02863, RI

22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property for sale in Central Falls, Rhode Island.
Where is this conventional restaurant located?
The property is located at 548 Dexter St Central Falls, RI.
What are key features of this property?
This property features: New roof provides peace of mind.; Full basement offers ample storage or finishing potential.; Restaurant currently operating on property.
(401) 363-8888 Call to check price and availability
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