CCertihomes
400 Atwood, Cranston, RI 02920

$1,700,000

0 beds 0 baths Built 1970Active

About this home

Well established Chinese restaurant since 1980 is ready for new owner. Excellent investment opportunity to start your dream restaurant team with established clientele in a high visibility and well travelled road in the heart of Cranston's commercial district. Nice open and well lit contemporary design inside and out. Large and spacious dining sections, beautiful cocktail lounge with full liquor license, suitable for dining in, take out, and catering. The whole restaurant is well maintained and updated. The huge professional kitchen is beautiful and clean, and well organized with walk-in refrigerators and freezer, 600 AMP electric power capacity. There is a spacious storage room on the second floor. The total indoor seating is 120+. There is plenty of room to buildout for outdoor dining, or drive thru service if desired. Nicely paved parking lot has approx. 54 parking space. Financial info is only available to firm buyers. Buyer need to proof source of funding, or preapproval letter from lender. Please check out the for lease info on MLS#1341419. Motivated seller! Lease will be at $7500/month, with option to buy. Seller financing is negotiable.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,687/mo

Real estate (PITI + HOA + PMI)
$12,536
Principal + interest$7,710
Property tax + insurance$4,188
PMI / 2nd mortgage$638
Utilities
$9,048
Heating + cooling$4,371
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$170
Car insurance + maintenance$170
Other (entertainment)
$140
$16,687/mo TLC
Budget$17,187/mo
Remaining after TLC$500/mo
Purchase price
$1,700,000
Down payment
$85,000 (5%)
Loan amount
$1,615,000
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1970
Lot size
0.61 ac
Stories
1
Heating
Central Air, Forced Air, Gas Connected, Zoned
Cooling
Central Air
Water
Public
HOA
Annual tax
$21,592
MLS #
1300328
County
Providence

At a glance

Air conditioning

Home features

Interior
Ceiling Height: 9-12 Ft
Sewer
Connected, Public Sewer

Lot features

Paved, Security, Sidewalks, Free Standing, Strip Store, Suburban

Neighborhood — 02920

MetricThis ZIPCountyUSA
Population41,5661,095,423299,088,112
Population Change Since199011.00%9.00%20.00%
Population Density4,370994
Male21,469529,266147,432,321
Female20,096566,157151,655,844
Never Married8,123266,40463,775,926
Married16,901435,678123,120,365
Separated4,44243,64212,639,686
Widowed3,08366,66815,467,586
Divorced2,71283,84323,075,029
Number Of House Hold15,390410,399111,826,380
Average House Hold Size2.392.562.60
Medial Age40.3837.2735.46
Median House Hold Income$51,144$47,553$48,276
Average House Hold Income$61,232$61,609$63,629
P C I$24,442$23,965$24,529
M D I$43,307$40,634$41,133
A T H E$49,988$49,940$50,898
S T R7.00%7.00%
W C J78.75%78.02%77.74%
(Zip) Code
2920

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 12/18/2021. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.