$7,500
About this home
Well established Chinese restaurant since 1980 is for lease. 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(812sf) 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. Please check out the for sale info of MLS#1300328. Lease will be at $7500/month, with option to buy. Financial info is only available to firm buyers. Seller financing is negotiable. Buyers need to show proof of funds or preapproval letter.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
- Real estate (PITI + HOA + PMI)
- $1,861
- Utilities
- $406
- Transportation
- $170
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Paved, Security, Sidewalks, Free Standing, Strip Store, Suburban
Neighborhood — 02920
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 41,566 | 1,095,423 | 299,088,112 |
| Population Change Since1990 | 11.00% | 9.00% | 20.00% |
| Population Density | 4,370 | 994 | — |
| Male | 21,469 | 529,266 | 147,432,321 |
| Female | 20,096 | 566,157 | 151,655,844 |
| Never Married | 8,123 | 266,404 | 63,775,926 |
| Married | 16,901 | 435,678 | 123,120,365 |
| Separated | 4,442 | 43,642 | 12,639,686 |
| Widowed | 3,083 | 66,668 | 15,467,586 |
| Divorced | 2,712 | 83,843 | 23,075,029 |
| Number Of House Hold | 15,390 | 410,399 | 111,826,380 |
| Average House Hold Size | 2.39 | 2.56 | 2.60 |
| Medial Age | 40.38 | 37.27 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 78.75% | 78.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 8/9/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.