For Sale
$3,000,000

0000 Warwick Ave Warwick AveWarwick, RI 02888

Established Restaurant, High Traffic, Great Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-established restaurant located on a high-traffic corner in Warwick, Rhode Island. The sale includes both the thriving business and two commercial buildings, totaling over 9,000 square feet on a substantial 35,719 square foot lot. Built in 1940, the property boasts two spacious dining rooms, a large wrap-around bar seating 20, and an oversized commercial kitchen, perfectly equipped for continued success. Ample parking is provided with a private lot accommodating 40+ vehicles. The property's potential extends beyond its current operation. A second building offers an unused space ideal for a takeout counter, a second restaurant concept, or expansion of the existing business. Additionally, a loft space presents the possibility of conversion into a residential rental unit, generating further income streams. The restaurant enjoys a steady positive cash flow, making this a compelling investment with significant upside potential. The asking price is $3,000,000. This turnkey operation in a desirable location offers a rare chance to acquire a profitable business with substantial growth opportunities. The property is located at 0000 Warwick Avenue, Warwick, RI 02888.

Property Details for 0000 Warwick Ave Warwick Ave

Property type
Retail properties, Restaurants
Year Built
1940
Buildings
2

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7475142
Longitude
-71.412125
0000 Warwick Ave Warwick Ave, Warwick, Rhode Island

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0000 Warwick Ave Warwick Ave
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