
$1,500,000 USD
Commercial for Sale, 61 DePasquale Avenue, Providence, Rhode Island 02903
- MLS#1401506
- Minimum sellable space
326 m² (3,507 ft²)
Listed By Churchill & Banks Co., Llc
The Commercial Property for Sale located at 61 DePasquale Avenue, Providence, Rhode Island 02903 is currently for sale. 61 DePasquale Avenue, Providence, Rhode Island 02903 is listed for $1,500,000.
Property features
Property
- Property size:
326 m² (3,507 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
125 m² (1,350 ft²)
Construction
- Year built: 1900
- Basement and foundation: Full Basement
Heating and Cooling
- Heating system: BaseboardForced Air
- Cooling system: Air Conditioning
Utilities
- Other utilities: Gas
Description
Excellent investment opportunity in the heart of Federal Hill’s iconic DePasquale Plaza. The list price includes both the real estate and the established restaurant business, complete with equipment and furniture. Buyers interested in purchasing the real estate only are encouraged to contact the listing agent for updated pricing. The first-floor restaurant tenant has one year remaining on the lease with an option to extend and is also open to an early lease termination and sale of the business. This creates flexibility for a new owner who may wish to operate the existing restaurant, introduce a new concept, or re-tenant the space. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, living room, and two generously sized bedrooms. The third-floor apartment offers dramatic two-story living. The main level includes an updated kitchen and bathroom, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. All major mechanical systems have been updated within the past few years, making this a turn-key mixed-use investment in one of Providence’s most vibrant and high-demand locations
Location
61 DePasquale Avenue, Providence, Rhode Island 02903