20 Angell St Providence, RI 02906-5207
- Showrooms
- 1,370 SF
- 0.05 lot acres
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
-
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