727 Cranston StProvidence, RI 02907

Property Details for 727 Cranston St

Year built

1938

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

2,380 SF

Zone code

C-2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PROV M:42 L:452

APU

PROVM42L452

Description

This exceptional commercial property at 727 Cranston Street, Providence, RI, presents a lucrative investment opportunity. Currently operating as a successful bar/lounge, this 2,400 square foot space offers significant potential for growth and expansion. The property sits on a 0.37-acre lot and includes a substantial paved parking area accommodating 50 vehicles, ensuring convenient access for patrons. The sale includes all existing equipment and supplies, providing a seamless transition for the new owner. The established business boasts a loyal clientele and a proven, profitable business model, minimizing the risk associated with new ventures. This turnkey operation is ideally situated in a prime Providence location, offering immediate income generation and the potential for further development and customization. The property's size, ample parking, and established clientele make it an attractive investment for those seeking a profitable and established business. The asking price is $635,000. This is a rare opportunity to acquire a thriving commercial property in a desirable location with significant upside potential.

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.8049

Longitude

-71.4384

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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