Rock's Bar

Retail-Commercial for Sale
Catylist Listing ID: 28718033
Property Subtypes: Free-Standing Building, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,271 SF
Gross Building Area: 3,105 SF
Gross Land Area: 7,545 SF
Sale Price: $215,000
Unit Price: $94.67 PSF
Property Use Type: Vacant/Owner-User
Building Name: ROCK'S BAR
Usable Size (USF): 2,271 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

Great opportunity to acquire a long established neighborhood bar that has hosted many local events. Outdoor seating. Sale includes property, inventory, all furniture, fixtures & equipment. Building has had many recent improvements including new roof, siding and some interior improvements.

Ideally located on the corner of Prospect St. and Maryland Ave. in Pawtucket's Memorial Hospital neighborhood. Across from Dunnell Park. Walking distance to McCoy Stadium. Just minutes to the highway and downtown Pawtucket.

*GREAT BUSINESS OPPORTUNITY
*POPULAR NEIGHBORHOOD BAR WITH FOOD AND LIQUOR LICENSE
*AMPLE PARKING
*OUTDOOR PATIO AREA
*INCLUDES ALL EQUIPMENT
*THIS IS A REAL ESTATE ASSET SALE

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $5,296 (Annual)
Tax Value Land $79,400
Tax Value Improvements $92,100
Assessed Value - Total($) $171,500 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: City of Pawtucket
Tax ID/APN: 36/0165
Zoning: RT
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: School Street
Traffic/Vehicle Count: 13,870
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1950
Year Renovated: 2014
Roof Type: Arched
Construction/Siding: Wood Frame
Total Parking Spaces: 22
Parking Type: Surface
Heat Type: Oil
Heat Source: Baseboard
Air Conditioning: Package Unit
Lot Frontage: 107'
Lot Depth: 113'
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,061 181,723 381,934
Median Age: 38.01 35.51 35.08
Households: 9,501 72,345 144,905

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