948 Atwells AVE Pending Save Request In-Person Tour Request Virtual Tour
Providence,RI 02909
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $261
Subdivision Mount Pleasant
MLS Listing ID 1375940
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1922
Lot Size 3,049 Sqft
Property Sub-Type Multi Family
Property Description
PRIME MIXED-USE OPPORTUNITY IN FEDERAL HILL'S RESTAURANT ROW. Commercial + Two Residential Units
Exceptional investment opportunity. This turnkey mixed-use property features an established restaurant space with an impressive 34-year legacy, complemented by two income-generating residential units above.
COMMERCIAL HIGHLIGHTS:
Fully equipped restaurant space with decades of successful operation
Prime location on historic Atwells Avenue with high foot traffic
Existing kitchen infrastructure and dining room setup
Established customer base and neighborhood recognition
Versatile space suitable for continued restaurant operation or new business venture
RESIDENTIAL FEATURES:
Two well-maintained rental units providing steady income stream
Separate entrances ensuring privacy for commercial and residential tenants
Ideal urban location attractive to quality tenants
Additional revenue potential through property improvements
Perfect for investors seeking a proven commercial space with built-in residential income, or entrepreneurs ready to write the next chapter of this property's story. Whether maintaining the existing restaurant concept or launching a new venture, this turnkey property offers immediate operational capability with significant upside potential.
This rare opportunity combines Providence's rich culinary heritage with modern investment potential. Don't miss the chance to own a piece of Federal Hill's vibrant business community.
Location
State RI
County Providence
Community Mount Pleasant
Interior
Heating Gas,Steam
Cooling None
Flooring Ceramic Tile,Hardwood,Laminate
Inclusions Restaurant equipment and furniture to remain and transfer over with sale.
Exterior
Community Features Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping
Utilities Available Sewer Connected
Building
Foundation Brick/Mortar
Sewer Connected,Public Sewer
Water Connected,Public
Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/948-Atwells-Avenue-Providence-RI-02909