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    Address Withheld St North Providence, RI 02904

    For Sale
    $569,000

    Turnkey Diner, 11,325 SF Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property in North Providence, Rhode Island, presents a unique investment opportunity. Located at 0 Address Withheld Street, zip code 02904, this 11,325 square foot lot encompasses a single building constructed in 1925. The property currently operates as a thriving diner, offering a turnkey business acquisition. The sale includes both the real estate and the established business, complete with all existing equipment. The diner holds a valuable 24-hour operating license, maximizing potential revenue streams. The property features two units within the single building, providing flexibility for expansion or potential rental income. This is an excellent opportunity for an experienced restaurateur or a savvy investor looking to enter the thriving food service industry. The property's prime location in North Providence, within Providence County, offers easy access to major roadways and a strong customer base. The asking price for this exceptional package is $569,000. Don't miss this chance to own a well-established, profitable business with significant growth potential. Serious inquiries only.

    Property Features for 0 Address Withheld St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1925
    Buildings
    1
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4358733
    Latitude
    41.8668281

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Diner, 11,325 SF Lot
    Where is this restaurant located?
    The property is located at Address Withheld St North Providence, RI.
    What is the asking price?
    The asking price for this property is $569,000.
    Request Owner's contact information
    Address Withheld St North Providence, RI 02904
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    North Providence, RI 02904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Address Withheld St North Providence, RI 02904
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