22 Olneyville Square, Providence, RI

$90,000

Previous Next

0.09

Acres

About 22 Olneyville Square

True Turnkey business -- this trendy restaurant & lounge is perfect for a motivated entrepreneur. You can be a part of the Olneyville Square revival in Providence, right in the center of the action overlooking the Square from the center. Its lofted second floor location provides privacy and relaxation away from the hustle and bustle down below. The business is fresh and running steady -- a motivated buyer can take over right away. Several highly acclaimed venues also share the Square including a famous, James Beard award-winning restaurant (Olneyville NY System, 80+ years), acclaimed BBQ (Wes' Rib House, 50+ years), popular live music venue (Fete Music Hall), a couple of speakeasies, and a variety of other busy restaurants, not to mention a dozen retail stores. Nightlife has always been a feature of this neighborhood, so people going to the concerts or shows next door can have dinner at your place first. Surrounded by new loft apartment buildings and more under construction, the Square has been attracting new business. Purchase includes all business assets including kitchen equipment, decor, FF&E, etc. Owner installed new hoods, Ansul system, 6 burner range, grill, flat-top griddle, fryer, dishwasher, coolers, etc., plus buildout work including refinished floors, wider commercial windows, handicap stair lift, fully loaded HVAC (heat and cooling), water heater, Cintas sprinkler system and more. Rent $5900/month. Financials provided for serious candidates.

Pricing and availability subject to change.

Features of 22 Olneyville Square

MLS® # 1357283
Price $90,000
Square Footage 4061
Acres 0.09
Year Built 2022
Type Business Opportunity
Sub-Type Business
Status Active

Community Information

Address 22 Olneyville Square
Subdivision Olneyville Square
City Providence
County Providence
State RI
Zip Code 02909

Amenities

Utilities Electricity Available, Natural Gas Available
Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
# of Stories 2
Stories 2
Has Basement Yes
Basement Partial

Exterior

Exterior Brick
Construction Brick

Additional Information

Date Listed April 18th, 2024
Days on Market 12
Complex Name Smith Building
Zoning C-2
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Monthly

Listing Details

OfficeChurchill & Banks Co., LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?