For Lease
$16.15/SF/YR

188 Providence RiProvidence, RI 02909

Historic Charm, Modern Amenities

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,600-square-foot restaurant space, located in the desirable Providence, RI submarket of Greater Boston, is available for lease starting January 1st, 2024. Situated within the Rising Sun Mills mixed-use campus at 188 Valley Street, Building 10, this single-tenant property boasts a rich history, having been built in 1887 and renovated in 2017. The Class B building offers a charming atmosphere combined with modern conveniences. The space includes a full commercial kitchen, a spacious dining room with seating for approximately 50 guests, two private restrooms, a bar counter, and a checkout counter. High ceilings add to the ambiance. Additional features include a full basement, attic space, a storage shed, a patio area, and raised garden beds. Ample on-site parking is available for both employees and customers. The property is ideal for an established restaurant or cafe seeking expansion or relocation. The lease requires operation serving at least two of the three main meals (breakfast, lunch, or dinner) for at least five days a week. The current asking rent is $16.15 per square foot per year, plus utilities and a pro-rata share of common area maintenance (CAM) charges. This unique opportunity allows a business to become a vital part of Providence's thriving culinary scene. The previous tenant, Easy Entertaining, successfully operated from this location before purchasing their own building.

Highlights

  • 2,600 SF restaurant space available for lease at 188 Valley Street, Building 10, Providence, RI, starting January 1, 2024.
  • Located in the Rising Sun Mills mixed-use campus, a desirable location in Providence's River District, offering proximity to downtown, Federal Hill, and T.F. Green Airport.
  • Class B building with full commercial kitchen, dining room (50 seats), restrooms, bar, and checkout counter; features full basement, attic, storage shed, patio, and raised garden beds.
  • Ample on-site parking; $16.15/SF/year, plus utilities and CAM; lease requires operation serving at least two meals daily, five days a week.
  • Building amenities include a glass atrium and is home to various businesses.

Property Details for 188 Providence Ri

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,600 SF
Class
B
Year Built/Renovated
1887/2017

Unit(s) available at that property

Space
Size
2,600 SF
Rate per SF
$16.15

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.821289662647
Longitude
-71.440191190136
188 Providence Ri, Providence, Rhode Island

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188 Providence Ri
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