130 Westminster St Providence, RI 02903
This 850-square-foot restaurant located at 130 Westminster Street in Providence, Rhode Island, is offered for sale at $345,000 ($405.88/sq ft). The property is a fully built-out and recently updated turnkey coffee shop/café with a valuable existing full liquor license. Situated within the Arcade Providence, this exceptional opportunity benefits from significant foot traffic generated by the bustling downtown area. Further enhancing its appeal are 48 residential units located on the second and third floors of the building, providing a built-in customer base. The space includes additional storage in a lower-level area, offering convenient and ample storage solutions. Access is available both from within the Arcade and directly from the exterior, providing flexibility and convenience for customers. This established business boasts existing clientele, presenting a unique chance for an owner-operator to step in and capitalize on a thriving operation and grow an already successful venture. The property's zip code is 02903, and it's situated in Providence County.
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Little Shop of Soups Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.