Two-Bar Pub and
New
For Sale
Contact for pricing
765 Broad Street, Central Falls, RI 02863
A divided layout, shared kitchen access, stage, and included furnishings and equipment support food, drink, and live entertainment operations.
Property Size3,358 SF
Price / SF$0.01
Days on Market5
Property Features for 765 Broad Street
General Information
Standard status
Active
Size
3,358 SF
Property subtype
Commercial
Amenities
two bars
stage area
full kitchen
outdoor seating
Building Details
Year Built
1910
Listing Agency:
Keller Williams Leading Edge
(401) 333-4900
Listed By:
Spectrum Real Estate Consultants Team
(401) 334-3334
Source:
Lockandkeyre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:07AM
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 Keller Williams Leading Edge
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Investment Insights
Based on property information with market context.
At 3,358 square feet, this bar and restaurant space is arranged as two distinct sides, each with its own bar and separate men's and women's restrooms. A stage provides space for live music, and one full kitchen connects directly to both sides. Furniture, fixtures, and equipment are included for use with the space.
The layout accommodates up to 100 people, with seating for at least 56. An active cafe license covers outdoor seating at the rear, and the B/V liquor license permits operation until 1 a.m. The property is at 765 Broad Street in Central Falls, Rhode Island.
The layout accommodates up to 100 people, with seating for at least 56. An active cafe license covers outdoor seating at the rear, and the B/V liquor license permits operation until 1 a.m. The property is at 765 Broad Street in Central Falls, Rhode Island.
Key Highlights
- 3,358‑square‑foot bar and restaurant space
- Two separate sides, each with a bar and men's and women's restrooms
- Full kitchen with direct access to both sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,673
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,460
$813.5K
Cap Rate 7%
$581,043
$581.0K
Cap Rate 9%
$451,922
$451.9K
Market Conditions
NOI Build-Up for 3,358 SF
Gross rent
$60.4K $18.00/SF
− Vacancy
−$6.2K −$1.85/SF
EGI
$54.2K $16.15/SF
− OpEx
−$13.6K −$4.04/SF
NOI
$40.7K $12.11/SF
Area
Providence County, RI
Vacancy
10.28%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,460
Cap Rate 7%
$581,043
Cap Rate 9%
$451,922
Alternative Uses
Best Use
Specialty Retail
$581.0K
$508.4K – $677.9K
NOI $40,673 @ 7.0% cap · market cap 193,680.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$798.7K
$698.9K – $931.9K
NOI $55,912 @ 7.0% cap · market cap 266,247.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
Dunkin' Donuts
Dining
22,563 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
12,376 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,135 visits/mo
0.0 miles
Advance Auto Parts
Shops & Services
2,177 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Splash Snack Bar — 548 Lonsdale Ave, Central Falls, RI 02863
- Rhode island spirits distillery and tasting room — 59 blackstone ave, pawtucket, ri 02860
- El Caballo Mayor Bar and Grill — 636 Lonsdale Ave, Central Falls, RI 02863
- Sam's CC — 636 lonsdale ave, central falls, ri 02863
- Tio Pepe's Cantina — 508 Dexter St, Central Falls, RI 02863
Frequently Asked Questions
What type of property is this?
Bar & Pub - A divided layout, shared kitchen access, stage, and included furnishings and equipment support food, drink, and live entertainment operations.
Where is this bar & pub located?
The property is located at 765 Broad Street Central Falls, RI.
What are key features of this property?
This property features: 3,358‑square‑foot bar and restaurant space; Two separate sides, each with a bar and men's and women's restrooms; Full kitchen with direct access to both sides
