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Property profile & analytics

65 Weybosset St Providence, RI 02903

  • Commercial real estate
  • 0.48 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Sr22 Insurance / Commercial Agent
  • environs / Gift Shop
  • Lofty Designs Florist | Flower Delivery Providence RI / Florist
  • Inkwell Communications / Advertising Agency
  • Rogue Island Local Kitchen & Bar / Beer Hall / Brunch Restaurant

Property Details for 65 Weybosset St

Year built
1829
Lot size
0.48 lot acres
Property type
Commercial real estate

Description

This exceptional investment opportunity presents a rare chance to acquire an established and profitable business in the heart of Providence, Rhode Island. Located at 65 Weybosset Street, Units 118-119, this 900-square-foot commercial condo boasts a prime downtown location with high foot traffic, ensuring a consistent customer base. The property includes Coco's Cafe and Bar, a well-established business complete with all equipment, and a coveted liquor license allowing operation until 1:00 AM. The sale encompasses both units 118 and 119, offering ample space for operations. A significant feature is the inclusion of a basement providing valuable additional storage. The cafe and bar itself features an exquisite bar with stunning wood detailing, adding to its aesthetic appeal and market value. This turnkey operation presents a compelling investment opportunity for those seeking a profitable, established business in a vibrant urban setting. The property sits on a 0.48-acre lot. This offering presents a unique opportunity to own a piece of Providence's bustling downtown landscape. Note that this property can be purchased as a package with units 116-117 (see MLS listing 1368958 for details). The asking price is $315,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

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  • Alternative Use


Location Insight

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  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4103
Latitude
41.8238
More about this property
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