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Established Grocery and Butcher Business

638 Charles Street, Providence, RI 02904

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For Sale

$199,000

Turnkey grocery and halal butcher business in Providence for sale.

Type:Commercial

Property size:

1,800 SF

Price / SF:

$110/SF

HighLights

Established business (50+ years) with loyal customer base and multiple revenue streams.
Turnkey operation with fixtures, equipment, and vendor relationships included.
Very low rent ($1,350/month) providing strong operating margins.
Recent annual sales of $752,000+ with efficient two‑employee operation.
Opportunity to increase revenue by adding lottery sales.
Financial information available upon NDA and proof of funds/pre‑approval.

We can help!

Listing Contact

Mustafa Ajlouni

Learn more

For Sale

$199,000

Turnkey grocery and halal butcher business in Providence for sale.

Type:Commercial

Property size:

1,800 SF

Price / SF:

$110/SF

Added:: Aug 29, 2025
Days on Market:: 288
Last Refresh:: Apr 25 at 6:32 am

Property Features for 638 Charles Street

General Information

Standard status: Active
Size: 1,800 SF
Property subtype: Commercial

Building Details

Year Built: 1930

We can help!

Listing Contact

Mustafa Ajlouni

Listing agent Mustafa Ajlouni

Listing office Gold Door Realty

Listing date Aug 29, 2025

Source Liongatere

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 Gold Door Realty

HighLights

Established business (50+ years) with loyal customer base and multiple revenue streams.
Turnkey operation with fixtures, equipment, and vendor relationships included.
Very low rent ($1,350/month) providing strong operating margins.
Recent annual sales of $752,000+ with efficient two‑employee operation.
Opportunity to increase revenue by adding lottery sales.
Financial information available upon NDA and proof of funds/pre‑approval.

Overview

This established Providence market has been operating for over 50 years, fostering a loyal neighborhood customer base. The 1,800 square foot turnkey grocery and halal butcher business offers multiple revenue streams, including grocery items, fresh meat, tobacco products, ATM income, and a delivery service. There is an opportunity to add lottery sales for additional revenue potential. Recent annual sales have been reported at over $752,000. The business is efficiently run by two employees. The rent is $1,350 per month, offering strong operating margins and long-term stability. The sale includes fixtures, equipment, and established vendor relationships. Inventory is to be sold separately for approximately $25,000. Financial information, including POS reports and tax returns, is available upon execution of a non-disclosure agreement and proof of funds or lender pre-approval. The business is located at 638 Charles Street, Providence, RI 02904.

Location Intelligence

Current Use by Public Records

Foodland Farm International ... Grocery & Convenience Store

Suggested Use

Similar Places Nearby

SAS food mart — 1003 Mineral Spring Ave, North Providence, RI 02904

Location Insight

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Local Demand

City: Providence
County: Providence
State: Rhode Island
Longitude: -71.4207041
Latitude: 41.8540788

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What type of property is this?

Grocery and convenience store - Turnkey grocery and halal butcher business in Providence for sale.

Where is this grocery and convenience store located?

The property is located at 638 Charles Street Providence, RI.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: Established business (50+ years) with loyal customer base and multiple revenue streams.; **Turnkey operation** with fixtures, equipment, and vendor relationships included.; Very low rent ($1,350/month) providing strong operating margins.