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460 Allens AveProvidence, RI 02905

Freestanding, Drive-Thru, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1,670 square foot freestanding restaurant building, situated on a 10,976 square foot lot, presents a unique investment opportunity in Providence, RI. Built in 1970, this single-story structure boasts 17 parking spaces and a highly desirable drive-thru. Its strategic location on Allens Avenue, directly at the I-95 on-ramp and across from the off-ramp, ensures exceptional visibility and accessibility. The property benefits from its proximity to major thoroughfares connecting downtown Providence to the Sassafras Point industrial/commercial zone and densely populated neighborhoods like Washington Park, Edgewood, and South Providence. The convenient location also places it within easy reach of Rhode Island Hospital. Currently occupied by a HoneyDew franchisee with a lease expiring February 2025, the property offers considerable flexibility. The owner is open to various proposals, and lease terms are negotiable. Providence County taxes are $11.13 per square foot. This property is ideal for a large franchise or similar business seeking high traffic exposure and convenient access to a diverse customer base.

Highlights

  • Freestanding building.
  • Drive-thru available.
  • High-visibility location.
  • New HVAC system (installed less than 3 years ago).
  • Features a commercial kitchen hood and walk-in freezer.

Property Details for 460 Allens Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1,670 SF
Year Built
1970
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
1,670 SF

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8009601
Longitude
-71.4002485
460 Allens Ave, Providence, Rhode Island

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460 Allens Ave
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