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    Established Bar/Lounge Opportunity Title is generated by Realmo AI

    727 Cranston Street, Providence, RI 02907

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    Claim this Listing
    For Sale
    $525,000

    Turnkey bar/lounge for sale with equipment and parking.

    Type:Commercial
    Property size:
    2,400 SF
    Price / SF:
    $218/SF
    Added:
    Jan 28, 2026
    Days on Market:
    146
    Last Refresh:
    Apr 25 at 6:24 am

    Property Features for 727 Cranston Street

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1938

    We can help!

    Listing Contact
    Kyle Seyboth

    Listing agent Kyle Seyboth License #REB.0794296

    Listing office Century 21 Limitless

    Listing date Jan 28, 2026

    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 Century 21 Limitless

    HighLights

    • Established bar/lounge with a thriving business model and loyal clientele.
    • Turnkey investment including all equipment and supplies.
    • Prime commercial location.
    • 2,400 square feet of versatile space.
    • 30 parking spots in a paved lot.
    • Year Built: 1938

    Overview

    This commercial property, currently operating as a bar/lounge, offers a 2,400 square foot space suitable for updating and innovation. The sale includes all equipment and supplies, facilitating a smooth transition for new ownership. The property features a paved parking lot with 30 parking spots. This established business is located in a prime location and presents a potential opportunity for growth.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $59.0k $24.60
    − Vacancy −$2.2k −$0.93
    EGI $56.8k $23.67
    − OpEx −$14.2k −$5.92
    NOI $42.6k $17.75
    2,400 SF · lease $24.60/SF/yr · vacancy 3.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $608.5K
    $532.5K – $710.0K (±1% cap)
    NOI $42,597 @ 7.0% cap · market cap 8.11%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $802.9K
    $702.6K – $936.8K (±1% cap)
    NOI $56,205 @ 7.0% cap · market cap 10.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    La Santa Lounge Nightclub

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • El Patio bar and grill — 702 Public St, Providence, RI 02907
    • Medusa Hookah Lounge & Restaurant — 648 Potters Ave, Providence, RI 02907
    • Gloria's Sport Bar — Providence, RI 02909
    • Union Avenue Pub — 306 Union Ave, Providence, RI 02909
    • Gold cafe bar & grill — 326 Union Ave, Cranston, RI 02909

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4382496
    Latitude
    41.8049024

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    FAQs

    What type of property is this?
    Bar & Pub - Turnkey bar/lounge for sale with equipment and parking.
    Where is this bar & pub located?
    The property is located at 727 Cranston Street Providence, RI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Established bar/lounge with a thriving business model and loyal clientele.; Turnkey investment including all equipment and supplies.; Prime commercial location.
    (508) 726-3492
    We can help!
    Listing Contact
    Kyle Seyboth
    Real Estate License ID: REB.0794296
    Learn More
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