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    Providence, RI Restaurants for Sale

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    Turn-Key Restaurant Opportunity in Providence
    Updated: May 24, 2024
    Turn-Key Restaurant Opportunity in Providence

    834 Admiral Street, Providence, RI 02904

    $450,000
    1,912 sqft
    Turn‑key restaurant business opportunity.
    Prime corner lot location equidistant to Smith Hill, Oakland Ave., and Elmhurst.
    Adaptable layout with options for expansion and customization.
    Spacious dining area with bar counter.
    State‑of‑the‑art culinary facilities in two buildings.
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    This listing looks promising.

    Here's a quick look at some key insights for

    834 Admiral Street, Providence, RI 02904

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $34K
      Annual

    • Mortgage

      $150K
      Sep 2020

    • Last Sold

      Mar 2026
      $270K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1940
    View Property Analytics
    Corner Mixed-Use Building
    Updated: Apr 14
    Corner Mixed-Use Building

    771 Hope Street, Providence, RI 02906

    $2,175,000
    7,820 sqft 0.11 AC lot
    Offered as real estate only: 771‑773 Hope St and 75‑79 Burlington St on a single parcel
    Ground‑level corner restaurant at Hope & Burlington with a full bar and expansive, adaptable layout
    Three additional commercial spaces on Burlington St occupied by a tailor, pet groomer, and tattoo studio
    Four residential units above: 3 one‑bedroom, one‑bath and 1 two‑bedroom, two‑bath
    1930 construction with brick and wood materials; central air plus natural gas heating (baseboard and forced air)
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    Turnkey Hookah Lounge and Bar
    Turnkey Hookah Lounge and Bar

    Providence, RI 02903

    $150,000
    0.04 AC lot

    Fully operational lounge and bar with liquor license, food service, and seating for up to 100 guests.

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    Hope Village Mixed-Use Investment
    Hope Village Mixed-Use Investment

    771 Hope Street, Providence, RI 02906

    $2,175,000
    7,820 sqft

    Prime corner location with restaurant, retail, and residential income.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    374 Wickenden Street, Providence, RI 02903

    $1,650,000
    4,525 sqft

    Fully rented mixed-use building with restaurant in prime location.

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    Established Bar with Liquor License
    Established Bar with Liquor License

    65 Weybosset Street #118-119, Providence, RI 02903

    $340,000
    900 sqft

    Thriving bar business with liquor license in downtown location.

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    Income-Producing Mixed-Use Building
    Income-Producing Mixed-Use Building

    161 Benefit Street, Providence, RI 02903

    $6,350,000
    9,204 sqft

    Multi-use building on Benefit Street near Brown University and RISD.

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    Historic Arcade Retail Opportunity
    Historic Arcade Retail Opportunity

    65 Weybosset Street, Unit 122 & 123 & 023, Providence, RI 02903

    $329,000
    1,278 sqft

    Turnkey retail condo in landmark Providence Arcade.

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    Turnkey Restaurant with Full Bars
    Turnkey Restaurant with Full Bars

    38 Dike Street, Providence, RI 02909

    $1,995,000

    Recently renovated restaurant with full kitchen, two bars, and dining seating for 150+ plus an upper floor for redevelopment.

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    Commercial Condo Entertainment Space
    Commercial Condo Entertainment Space

    51 Union Street #C003, Providence, RI 02903

    $575,000

    Commercial condo unit with an open, adaptable layout suited for bar, lounge, nightclub, or entertainment use.

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    Multi-Unit Retail Investment Building
    Multi-Unit Retail Investment Building

    1425 Broad Street, Providence, RI 02905

    $1,350,000

    Five income-producing retail units in a high-visibility Providence corridor offer flexible options for buyers and tenants.

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    Turnkey Fast-Casual Restaurant Condo
    Turnkey Fast-Casual Restaurant Condo

    65 Weybosset Street #122 & 123 & 023, Providence, RI 02903

    $329,000
    1,278 sqft

    Turnkey restaurant-ready space within Arcade Providence, offering combined units and lower-level storage.

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    Flexible Layout for Office or Hospitality
    Flexible Layout for Office or Hospitality

    55 Union Street, Unit C002, Providence, RI 02903

    $475,000

    Flexible commercial condo with adaptable layout for office or hospitality concepts, with highway access.

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    Turnkey Restaurant in Federal Hill
    Turnkey Restaurant in Federal Hill

    295 Atwells Ave, Providence, RI

    $795,000
    960 sqft 0.03 AC lot

    Fully equipped restaurant/lounge with enclosed patio in culinary hotspot.

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    Prime Federal Hill Location
    Prime Federal Hill Location

    300-310 Atwells Ave, Providence, RI

    Contact for pricing
    14,338 sqft 0.41 AC lot

    Located in the heart of Providence's historic Federal Hill.

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    Providence Restaurant Business Opportunity
    Providence Restaurant Business Opportunity

    834 Admiral Street, Providence, RI 02904

    $150,000

    Thriving restaurant business and real estate for sale in Providence.

    View details
    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 16 Active listings in Providence, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hospitality Venue with Marina
    Hospitality Venue with Marina

    45 Water St, East Providence, RI

    Contact for pricing
    7,600 sqft 0.96 AC lot

    Multi-level hospitality venue with marina and outdoor dining.

    View details
    Restaurant Building For Sale
    Restaurant Building For Sale

    888 Charles Street, North Providence, RI 02904

    $399,000

    Well-established restaurant building in high-traffic area, great business opportunity.

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    Waterfront Restaurant and Marina Complex
    Waterfront Restaurant and Marina Complex

    45 Water Street, East Providence, RI 02914

    Contact for pricing

    Restaurant with extensive deck and patio space plus a 72-slip marina, supported by an additional block building and ample parking.

    View details
    Diner Opportunity in North Providence
    Diner Opportunity in North Providence

    0 Address Withheld Street, North Providence, RI 02904

    $569,000

    Operating diner with extended hours license for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercially Zoned Land on Route 6
    Commercially Zoned Land on Route 6

    2207 Hartford Avenue, Johnston, RI 02919

    $1,250,000
    2.00 AC lot

    Highly visible 2+ acre commercial land near I-295.

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    East Greenwich Commercial Land Opportunity
    East Greenwich Commercial Land Opportunity

    00 South County Trail, East Greenwich, RI 02818

    $1,950,000
    6,000 sqft 6.00 AC lot

    6+ acre commercial land parcel with high visibility.

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    Business District Development Land
    Business District Development Land

    1003 Victory Highway, North Smithfield, RI 02896

    $200,000
    0.62 AC lot

    Zoned BN commercial/village-friendly lot with public water and sewer and frontage options via an adjacent strip.

    View details
    Tiverton Land Ready to Build
    Tiverton Land Ready to Build

    730 Main Road, Tiverton, RI 02878

    $489,900
    0.48 AC lot

    Commercial land in Tiverton, ready for development with approvals.

    View details

    Off-Market Properties in Providence, RI

    Consider similar Off-Market properties in Providence, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    49 Westfield St
    Restaurants

    49 Westfield St, Providence, RI 02907

    Value Estimation by Request
    84,537 sqft 1.73 AC lot
    View details
    78 Fountain St
    Restaurants

    78 Fountain St, Providence, RI 02903

    Value Estimation by Request
    10,118 sqft
    View details
    243 Wickenden St
    Restaurants

    243 Wickenden St, Providence, RI 02903

    Value Estimation by Request
    6,520 sqft
    View details
    168 Dean St
    Individual retail properties

    168 Dean St, Providence, RI 02903

    Value Estimation by Request
    View details
    65 Weybosset St
    Restaurants

    65 Weybosset St, Providence, RI 02903

    Value Estimation by Request
    1,278 sqft
    View details
    65 Weybosset St
    Restaurants

    65 Weybosset St, Providence, RI 02903

    Value Estimation by Request
    View details
    65 Weybosset St
    Individual retail properties

    65 Weybosset St, Providence, RI 02903

    Value Estimation by Request
    1,278 sqft 0.47 AC lot
    View details
    49 Westfield St
    Restaurants

    49 Westfield St, Providence, RI 02907

    Value Estimation by Request
    84,537 sqft 1.73 AC lot
    View details

    Providence, RI Restaurants Market Trends and Statistics

    Explore 34 restaurants for sale in Providence, RI, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 35,697 square feet of properties for sale, with an estimated market value of $14,593,000.

    Sale prices for restaurant properties in Providence, RI start at $329,000, averaging $1,621,444, and reaching up to $6,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 17
    Bars & Pubs 10
    Pubs 4
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 287K
    Population Growth (5Y) +3.2%
    Median Household Income $72,431
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Providence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02908 $180K
    02907 $525K
    02904 $647.5K
    02905 $1.4M
    02903 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.73%
    Property Tax per SF $21.00 per SF
    Tax Rate vs County Average 0.82 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Providence fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Providence, RI

    • 02903
    • 02906
    • 02904
    • 02905
    • 02909

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