For Sale
$7,500

400 Atwood AveCranston, RI 02920

Established eatery, high visibility location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Cranston, RI restaurant presents a unique investment opportunity. Located at 400 Atwood Avenue, this well-established Chinese restaurant, operating successfully since 1980, boasts a loyal clientele and prime visibility on a heavily trafficked road within Cranston's commercial heart. The property features a contemporary design, both inside and out, with ample space for dining, takeout, and catering. A beautiful cocktail lounge with a full liquor license adds to its appeal. The meticulously maintained and updated restaurant includes a large, professional kitchen equipped with walk-in refrigerators and freezers, and a substantial 600 AMP electric power capacity. Upstairs, a spacious 812 sq ft storage room provides ample storage. The interior comfortably seats over 120 patrons, and the property offers significant potential for expansion, including outdoor dining or a drive-thru. A well-maintained parking lot accommodates approximately 54 vehicles. The property sits on a 26,600 sq ft lot, encompassing a two-story building with three units, built in 1970. The asking lease price is $7,500 per month, with an option to purchase. Financial details are available to qualified buyers upon request. Seller financing is negotiable, and proof of funds or a pre-approval letter is required. This is a turnkey operation ready for a new owner to continue its success.

Property Details for 400 Atwood Ave

Property type
Retail properties, Restaurants
Year Built
1970
Buildings
1
Stories
2
Units
3

Location Insight

City
Cranston
County
Providence
State
Rhode Island
Latitude
41.7867092
Longitude
-71.473015
400 Atwood Ave, Cranston, Rhode Island

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400 Atwood Ave
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