CCertihomes
200 Cross, Central Falls, RI 02863

$105,000

0 beds 0 baths Built 1900Active

About this home

Elevating this business opportunity's allure is Salinas Lounge Bar, a prime prospect for aspiring entrepreneurs and seasoned investors alike. This turnkey establishment features coveted liquor, restaurant, and entertainment licenses, offering versatility for various business models. Outfitted with comfortable furniture, a comprehensive inventory, a television, and a robust security system, it ensures seamless operation from day one. Generating over 50% net income, it promises exceptional profitability. All essential equipment and furniture are included, enabling immediate business commencement and growth. Location is paramount, and this business opportunity excels with its proximity to downtown, easy access to I-95, and closeness to the Pawtucket/Central Falls Station. Nestled in a vibrant and diverse community, it boasts a rich customer base, enhancing its investment appeal.

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.

Your estimated payment
$1,840/mo

Real estate (PITI + HOA + PMI)
$1,278
Principal + interest$676
Property tax + insurance$563
PMI / 2nd mortgage$39
Utilities
$712
Heating + cooling$203
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$140
$1,840/mo TLC
Budget$5,000/mo
Remaining after TLC$3,160/mo
Purchase price
$105,000
Down payment
$5,250 (5%)
Loan amount
$99,750
APR
7.19%

Quick facts

Type
Commercial Sale
Style
Year built
1900
Lot size
Stories
1
Heating
Forced Air
Cooling
Window Unit(s)
Water
Connected, Public
HOA
Annual tax
$5,216
MLS #
1359462
County
Providence

At a glance

Basement

Home features

Interior
Ceiling Height: 7-9 Ft
Sewer
Connected

Lot features

Sidewalks, Urban

Neighborhood — 02863

MetricThis ZIPCountyUSA
Population14,4291,095,423299,088,112
Population Change Since199014.00%9.00%20.00%
Population Density11,248994
Male7,273529,266147,432,321
Female7,156566,157151,655,844
Never Married3,779266,40463,775,926
Married4,405435,678123,120,365
Separated1,07243,64212,639,686
Widowed82066,66815,467,586
Divorced1,09683,84323,075,029
Number Of House Hold5,003410,399111,826,380
Average House Hold Size2.772.562.60
Medial Age30.8637.2735.46
Median House Hold Income$31,213$47,553$48,276
Average House Hold Income$36,369$61,609$63,629
P C I$13,713$23,965$24,529
M D I$27,915$40,634$41,133
A T H E$35,707$49,940$50,898
S T R7.00%7.00%
W C J71.01%78.02%77.74%
(Zip) Code
2863

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 5/18/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.