$90,000
About this home
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.
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)
- $1,808
- Utilities
- $754
- Transportation
- $170
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Local Historic District, Urban
Neighborhood — 02909
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 51,879 | 1,095,423 | 299,088,112 |
| Population Change Since1990 | 23.00% | 9.00% | 20.00% |
| Population Density | 14,793 | 994 | — |
| Male | 25,302 | 529,266 | 147,432,321 |
| Female | 26,576 | 566,157 | 151,655,844 |
| Never Married | 16,308 | 266,404 | 63,775,926 |
| Married | 13,033 | 435,678 | 123,120,365 |
| Separated | 3,257 | 43,642 | 12,639,686 |
| Widowed | 2,457 | 66,668 | 15,467,586 |
| Divorced | 3,858 | 83,843 | 23,075,029 |
| Number Of House Hold | 18,418 | 410,399 | 111,826,380 |
| Average House Hold Size | 2.76 | 2.56 | 2.60 |
| Medial Age | 28.34 | 37.27 | 35.46 |
| Median House Hold Income | $26,191 | $47,553 | $48,276 |
| Average House Hold Income | $37,193 | $61,609 | $63,629 |
| P C I | $13,721 | $23,965 | $24,529 |
| M D I | $23,935 | $40,634 | $41,133 |
| A T H E | $36,127 | $49,940 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 75.63% | 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 4/22/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.