Property profile

65 Weybosset St Providence, RI 02903

OFF-MARKET
Retail properties & Spaces
Built 1829
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving bar and restaurant for sale in the heart of Providence, Rhode Island. Located at 65 Weybosset Street, this 900-square-foot establishment, encompassing units 118 and 119, operates under the name Coco's Cafe and Bar. The sale includes all equipment and a coveted liquor license, allowing for late-night operation until 1 AM. Built in 1829, the property boasts a charming aesthetic, highlighted by an exquisite bar with stunning wood detailing. The business benefits from a prime location with high foot traffic in a vibrant downtown area, ensuring a steady stream of customers. The sale also includes a basement providing ample storage space. This property sits on a substantial 21,116-square-foot lot. This turnkey operation presents a lucrative investment opportunity. Note that this property can be purchased as part of a larger package including units 116-117 and 104 (see MLS listings 1358265 and 1358232 for details). Don't miss this chance to own a piece of Providence's bustling urban scene. The asking price is $325,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1829

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Florist
  • Marketing & Advertising Advertising Agency
  • Bar & Pub

Location

65 Weybosset St Providence, RI 02903
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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