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    150 Thayer St Providence, RI 02912

    • Retail properties
    For Sale
    View listing
    $69,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 150 Thayer St

    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This exceptional opportunity presents the acquisition of a fully operational food truck business, currently operating as "Alex Halal Spot," located at 150 Thayer Street in Providence, Rhode Island, zip code 02912. The sale includes all assets of the established business, eliminating the need for extensive start-up costs. The mobile kitchen is equipped with a dual fryer, grill, flat-top stove, and a newer commercial-grade hood, ensuring efficient and versatile food preparation. Ample storage is provided by a spacious refrigerator for beverages and a freezer for ingredients. A dedicated dishwashing area maintains hygiene standards. The food truck is ideally suited for various locations, including festivals, street markets, and private events. This is a turnkey operation, ready to generate immediate revenue. The asking price for this established business is $69,900. The property itself is land, with no buildings or units, and a lot size of 0 square feet. This reflects the sale of the business and its mobile assets, not the land itself. This is a rare chance to own a profitable, established food truck business in a vibrant Rhode Island location. The business is ready to hit the road and start generating income immediately.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4008
    Latitude
    41.8253

    Comparable in this City

    • Value Estimation by Request
      16,424 SF

      383 Benefit St

      SHOW ROOM, WAREHOUSE • 16,424 SF
      383 Benefit St, Providence, RI 02912-9047
      View Details
    • Value Estimation by Request
      50,176 SF

      164 Angell St

      SHOW ROOM, WAREHOUSE • 50,176 SF
      164 Angell St, Providence, RI 02912-9002
      View Details
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    150 Thayer St
    Providence, RI 02912
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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
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