Former Home of the Legendary "CLASSIC RESTAURANT"

Retail-Commercial for Lease
Catylist Listing ID: 30021208
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 9,190 SF
Building Size (RSF): 9,190 SF
Gross Land Area: 15,681 SF
Lease Rate: $3,500 (Monthly)
$4.57 PSF (Annual)
Lease Types: NNN
Building Name: The Classic Restaurant
Last Updated: 7/24/2017

Overview / Comments

This restaurant opportunity offers everything a discerning business person could want. Solid building, huge kitchen, plenty of parking and a history of success that few RI restaurants could match. For a financially sound entity, seller can be very creative. Let's talk about a way to make this opportunity a reality.

This property is ideally located within minutes of all Northern RI attractions. Twin River Casino, Downtown Providence, RI College, Bryant University and much more.
Just off Rt. 146.

Highlights:
*HUGE HIGHLY FUNCTIONAL KITCHEN
*PRIVATE EVENT ROOM
*ABUNDANT PARKING
*ADDITIONAL RENTAL REVENUE INCLUDED
*LARGE WIDE OPEN BAR AREA
*FF&E TO BE NEGOTIATED

Expand All Available Space

Suite: 1 9,190 SF $3,500 (Monthly) NNN
Space Available: 9,190 SF
Lease Rate: $3,500 (Monthly)
$4.57 PSF (Annual)
Lease Type: NNN
Date Available: 11/21/2016
Space Type: Relet
Kitchen Yes
Parking Spaces 30
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Town of North Providence
Tax ID/APN: 2/250,247,262
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Mineral Spring Avenue
Traffic/Vehicle Count: 21,954
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,900 SF
Property Condition: Good
Year Built: 1946
Year Renovated: 2009
Roof Type: Flat
Total Parking Spaces: 50
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,747 202,663 394,661
Median Age: 38.58 35.32 35.75
Households: 9,157 79,770 152,232

Contact

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