1058 Charles StNorth Providence, RI 02904
- Land
- 0.15 AC
Property Details for 1058 Charles St
- Lot size
- 0.15 AC
- Zone code
- CV
- Property type
- Land
- Property subtype
- Commercial land
- APN
- NPRO M:2 L:262
- APU
- NPROM2L262
Description
This exceptional North Providence property at 1058 Charles Street offers a unique investment opportunity encompassing a fully equipped, 5,000 square foot restaurant and adjacent mixed-use building. The restaurant boasts a complete kitchen, dining area, two custom mahogany bars, a coal-fired pizza oven, extensive lower-level storage, refrigeration, freezer, and keg room. This is a true turn-key operation, ready for immediate occupancy. The adjacent mixed-use building adds significant value, featuring approximately 1,000 square feet of retail space and two apartments – one one-bedroom and one two-bedroom unit. The property is conveniently located in Providence County, Rhode Island, with the address being 1058 Charles Street, North Providence, RI 02904. Ample parking is provided by 55 spaces across the street, with additional buildable land offering potential for future residential development. The property includes Plat 2, Lots 250 & 262, Lot 249, Lot 264 and Lot 247. This combined offering presents a rare chance to acquire a thriving restaurant business alongside substantial additional income-generating assets in a desirable location. The property is a single-tenant occupancy, offering a streamlined management experience. The combined square footage of the restaurant and retail space totals 5,000 square feet, all currently vacant and ready for immediate use.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,246,329
- Hospitality
- $1,141,630
- Educational
- $949,823
- Medical
- $982,489
- Retail
- $1,477,503














Location Insight
- City
- North Providence
- County
- Providence
- State
- Rhode Island
- Latitude
- 41.8675
- Longitude
- -71.4245
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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