834 Admiral StProvidence, RI 02904

This exceptional investment opportunity presents a unique chance to acquire a profitable, established restaurant business and its accompanying real estate in Providence, Rhode Island. The property, known as the Mello Building, boasts a prime corner lot spanning 2,184 square feet, situated equidistant to Smith Hill, Oakland Avenue, and Elmhurst. The building itself comprises two structures, each single-story, totaling three units, and built in 1940. Currently operating as a well-regarded restaurant, the property benefits from multiple established virtual restaurant partnerships with delivery platforms including Chownow, DoorDash, Grubhub, Postmates, Uber Eats, and Popchew, along with Ordermark. These partnerships significantly enhance the business's reach and revenue potential. The asking price is $150,000, offering a compelling 21.43% cap rate. This presents a rare chance to own a landmark property in a bustling commercial area, with the potential for continued growth and high returns. The property can be sold separately or together with MLS#1359808. The property's location within established commercial districts and near key transportation arteries ensures high visibility and accessibility. This is a turnkey operation ready for immediate ownership and potential expansion. The property's historic charm and architectural allure add to its overall appeal and investment value. This is a must-see opportunity for savvy investors seeking a high-return, low-risk venture in a thriving Rhode Island market.