65 Weybosset St Providence, RI 02903
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.
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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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Risks
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