834 Admiral Street Providence, RI 02904

Building Details

Year Built

1940

Listing office Residential Properties Ltd.

Listing date May 24, 2024

Source Crexi

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.

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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.

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FAQs

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.