For Sale
$750,000

1942 Smith StNorth Providence, RI 02911

Restaurant & Two Units, High Income

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in North Providence, RI. This property features a fully renovated restaurant with a commercial kitchen, bar, dining area, and two bathrooms. Two additional income-producing residential units are included: a one-bedroom, one-bathroom apartment and a carriage house with a one-car garage, bedroom, updated kitchen, and living room. The 4,486 square foot lot houses two separate buildings, all recently updated with new flooring and modern kitchen finishes. The established restaurant business provides immediate income potential, complemented by the consistent rental income from the two residential units. This unique property presents a rare chance to acquire a multi-faceted income-generating asset in a desirable location. The property is located at 1942 Smith Street, North Providence, RI 02911. The asking price is $750,000. This turnkey operation offers a strong return on investment for the discerning buyer. Don't miss this chance to own a thriving commercial and residential property.

Highlights

  • Asking Price: $750,000
  • Property Type: 4,486 sq ft commercial land with two renovated buildings, including a restaurant and two residential units.
  • Restaurant Features: Full commercial kitchen, bar, dining area, and two bathrooms.
  • Residential Unit 1: One-bedroom, one-bathroom apartment with kitchen.
  • Residential Unit 2 (carriage house): One-car garage, bedroom, updated kitchen, and living room.
  • Established Business & Income: Includes an established restaurant business and two income-producing residential units.

Property Details for 1942 Smith St

Property type
Specialty properties, Land

Location Insight

City
North Providence
County
Providence
State
Rhode Island
Latitude
41.8562762
Longitude
-71.4811624
1942 Smith St, North Providence, Rhode Island

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1942 Smith St
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