Providence Restaurant Business
For Sale
Contact for pricing
834 Admiral Street, Providence, RI 02904
Thriving restaurant business and real estate for sale in Providence.
Property SizeContact for details
Days on Market828
Property Features for 834 Admiral Street
General Information
Standard status
Active
Property subtype
Land, Retail
Building Details
Year Built
1940
Buildings
2
Stories
1
Units
3
Listing Agency:
Residential Properties Ltd.
Listed By:
Collin Marchand
Source:
Crexi
Added: May 24, 2024
Changed: Aug 21
Last Checked: Aug 28 at 7:32PM
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 Residential Properties Ltd.
Investment Insights
Based on property information with market context.
This is a business opportunity featuring a restaurant, currently operating as The Corner Grill Restaurant and a Halal Restaurant, known for its cozy atmosphere and food. The building is located in a prominent location and has historic charm and architectural allure. It is positioned equidistant to Smith Hill, Oakland Ave., and Elmhurst, amid commercial districts, neighborhoods, and transportation arteries. The restaurant has delivery platform partnerships with Chownow, Doordash, Grubhub, Postmates, Uber-Eats, and Popchew (with 7 virtual restaurants). It also utilizes Ordermark Platforms (with 3 virtual restaurants and 9 additional virtual restaurants added in 2023), adding to QSR (Quick Service Restaurant) capabilities. The property is situated on a prime corner lot and is suitable for conventional restaurants, retail space, and other commercial real estate ventures. It presents an opportunity to acquire both a restaurant business with multiple virtual restaurant contracts and the real estate it occupies.
Key Highlights
- Thriving restaurant business with multiple virtual restaurant contracts.
- Prime corner lot location equidistant to Smith Hill, Oakland Ave., and Elmhurst.
- Partnerships ready for you with minimized expenses and lower risk.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 37%
Apparel 4%
Beauty & Spa 2%
Shaw's Supermarket
Groceries
47,142 visits/mo
0.3 miles
Dollar Tree
Shops & Services
18,924 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,059 visits/mo
0.3 miles
Shell
Shops & Services
4,697 visits/mo
0.4 miles
Rainbow
Apparel
3,256 visits/mo
0.2 miles
Demographics for 02904, RI
31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value
Market
Vacancy Rate% for Retail in Providence, RI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Thriving restaurant business and real estate for sale in Providence.
Where is this conventional restaurant located?
The property is located at 834 Admiral Street Providence, RI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Thriving restaurant business with multiple virtual restaurant contracts.; Prime corner lot location equidistant to Smith Hill, Oakland Ave., and Elmhurst.; Partnerships ready for you with minimized expenses and lower risk.
