1278 Post Rd Warwick, RI 02888

Property Details for 1278 Post Rd

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.23 lot acres

Property size

2,000 SF

Zone code

GB

Property type

Showrooms

APN

WARW M:309 B:0016 L:0000

APU

WARWM309B0016L0000

Description

This exceptional commercial property at 1278 Post Road, Warwick, RI, presents a unique investment opportunity. This well-established Chinese restaurant, operating successfully since 1974, boasts a prime location in the Norwood area, offering convenient access to T.F. Green Airport, Interstate 95, and Interstate 295. The property sits on a double lot encompassing 0.38 acres, providing ample parking for 28 vehicles. The building itself offers 2,000 square feet of open, efficiently designed space on the first floor, perfect for restaurant operations, accommodating 70 diners. A substantial 2,000 square foot full basement provides extensive storage capacity. The restaurant holds a valuable liquor license, adding significant potential for revenue generation. The property benefits from recent improvements, including a new roof and paved parking lot completed in 2023, minimizing immediate maintenance needs. This turnkey operation is ideally suited for an owner-operator seeking to establish or expand their restaurant business, eliminating the need for leasing and offering immediate revenue potential. Its central Rhode Island location and proximity to major transportation arteries ensure high visibility and accessibility. The asking price is $900,000.

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Longitude

-71.4278

Latitude

41.7448

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments