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    FOR SALE
    Turn key restaurants

    275 Child St, Warren, RI 02885

    4,540 SF 0.54 ac lot Built 1960
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US76-0182904
    Property summary
    AI-generated overview

    This exceptional Warren, RI commercial property presents a unique opportunity to acquire a thriving, established restaurant complete with real estate and a valuable liquor license. The expansive 5,200 square foot building is impeccably maintained and boasts a versatile layout ideal for both everyday dining and special events. The property includes a dedicated venue room capable of hosting up to 125 guests, a main dining area seating 60, and a separate lounge area with capacity for 40 patrons. Ample parking is provided with over 30 designated spaces, ensuring customer convenience. The restaurant is fully equipped with high-end equipment, ready for immediate operation. The outdoor seating area adds to the property's appeal, offering a pleasant dining experience. Located on a 0.54-acre lot at 275 Child Street, this turnkey operation is priced at $1,500,000. This is an exceptional opportunity for an existing restaurant owner looking to expand or for a new entrepreneur seeking to establish a landmark business in a vibrant community. The inclusion of a liquor license significantly enhances the value and potential of this already impressive property. The property's size, amenities, and prime location make it an attractive investment with significant upside potential. Don't miss this chance to own a fully operational and successful restaurant business.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1960
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,540 SF
    Lot 0.54 ac (23,374 SF)
    Zoning code R20
    APN WARR M:10 L:180
    UPID US76-0182904
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mr. Chicken Warren Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Hfc Realty LLC · 6 yrs held
    Hfc Realty LLC
    since 2019
    3 recorded transactions
    2019
    $600,000
    2013
    $365,000
    1999
    $200,000
    Zoning & alternative use
    R20 · Warren, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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