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Property profile & analytics

20 Angell St Providence, RI 02906-5207

  • Showrooms
  • 1,370 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$290,000
Show details
Cap Rate Potential
6.4%
Showrooms
Location Intelligence
Property ID
US76-0205394
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Minerva's Pizza House / Delivery Restaurant / Pizza Restaurant

Property Details for 20 Angell St

Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.05 lot acres
Property size
1,370 SF
Zone code
C-2
Property type
Showrooms
APN
PROV M:15 L:464
APU
PROVM15L464

Description

This exceptional 1,370 square foot restaurant space at 20 South Angell Street in Providence, Rhode Island, presents a unique opportunity for a discerning entrepreneur. Located in the vibrant Wayland Square neighborhood, this single-tenant building offers a highly visible storefront with 75 feet of frontage. The property sits on a 2,233 square foot lot and includes a one-story building with a full-size basement. The basement provides ample storage space and features a walk-in freezer, adding significant operational advantages. The main level boasts seating for approximately 50 patrons and a spacious kitchen, ready for immediate use. Negotiable fixtures, furniture, and equipment (FFE) are available, streamlining the transition for a new owner. The property also has the potential for a beer and wine license, enhancing its appeal and revenue potential. While the tenant is responsible for any build-out, the existing infrastructure provides a solid foundation for a variety of culinary concepts. Convenient off-street parking is available with 2-3 spaces for owners. This location is perfectly situated within a thriving, walkable community, ensuring high foot traffic and easy access for customers. The zip code is 02906. This is an ideal opportunity to establish or relocate a restaurant business in a prime Providence location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $300,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $325,000
    6.5%
    $300,000
    7%
    $275,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $255,000
    Market price range: $95.5k - $256k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Providence
County
Providence
State
Rhode Island
Longitude
-71.3871
Latitude
41.83
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,591
$260,000
$127,200
$387,200
-
$0.00
$0.00
$0.00
More about this property
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