CCertihomes
0 Killingly, Johnston, RI 02909

$150,000

0 beds 0 baths Active

About this home

Established, well known, restaurant Full Liquor License and centrally located not far off Route 6. American casual food, with a simple but popular menu and a current manager in place. A focus on booking great live music every weekend, gets people in the door regularly. 1AM Closing License Outdoor patio seating Maximum occupancy as per fire marshal is 112. Location: Johnston, RI Real Estate: Leased. 2 years remaining on initial lease term, 2 x 5 year options. Building SF:N/A Owner performed renovations at the commencement of the lease 3 years ago. Competition: Business is in prime location; highly visible off a main street; with Off- street Lot parking right out front. Some outdoor seating, and focus on live music make this location primed for an owner to take this location to the next level. Growth & Expansion:Opportunity to expand business with food delivery, extend day-time hours. Reason for Selling:Owner wishes to retire overseas.

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
$2,076/mo

Real estate (PITI + HOA + PMI)
$1,376
Principal + interest$966
Property tax + insurance$354
PMI / 2nd mortgage$56
Utilities
$982
Heating + cooling$338
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$170
Car insurance + maintenance$170
Other (entertainment)
$140
$2,076/mo TLC
Budget$5,000/mo
Remaining after TLC$2,924/mo
Purchase price
$150,000
Down payment
$7,500 (5%)
Loan amount
$142,500
APR
7.19%

Quick facts

Type
Business Opportunity
Style
Year built
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
1360468
County
Providence

Home features

Sewer
Connected

Lot features

Free Standing

Neighborhood — 02909

MetricThis ZIPCountyUSA
Population51,8791,095,423299,088,112
Population Change Since199023.00%9.00%20.00%
Population Density14,793994
Male25,302529,266147,432,321
Female26,576566,157151,655,844
Never Married16,308266,40463,775,926
Married13,033435,678123,120,365
Separated3,25743,64212,639,686
Widowed2,45766,66815,467,586
Divorced3,85883,84323,075,029
Number Of House Hold18,418410,399111,826,380
Average House Hold Size2.762.562.60
Medial Age28.3437.2735.46
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 R7.00%7.00%
W C J75.63%78.02%77.74%
(Zip) Code
2909

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 5/31/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.