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OFF-MARKET
Specialty properties

65 Weybosset 118-119 Providence, RI 02903

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Property summary
AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a thriving commercial business situated in a prime downtown Providence location at 65 Weybosset Street, units 118-119. The property encompasses a combined 900 square feet of space, including a basement for added storage, within a larger condominium building. The sale includes the established Coco's Cafe and Bar, a well-regarded business complete with a valuable liquor license permitting operation until 1 AM. The cafe and bar benefit from high foot traffic in this vibrant downtown area, ensuring a consistent customer base. The property boasts an attractive interior, highlighted by an exquisite bar featuring stunning wood detailing. All existing equipment is included in the sale price of $315,000. The total lot size is 21,116 square feet. This offering presents a unique blend of aesthetic appeal and strong investment potential. Note that this property can also be purchased as a package deal with units 116-117 (details available upon request). This is a truly exceptional opportunity to own a piece of Providence's bustling urban core. The property is located in Providence, Rhode Island, zip code 02903.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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