Active
123 Dorrance Street
Providence RI, 02903
$1,290,000
$634.53 per sqft
Active
2,033 sqft
Commercial
Built in 1897
Located in the heart of downtown Providence, this 2,000 sq. ft. fully equipped restaurant and bar offers an exceptional turnkey investment opportunity. Boasting 80-100 seats, a full bar, and a valuable liquor license, this space is perfectly suited for a diverse range of dining concepts from upscale dining to casual eateries, lounges, or trendy gastropubs. Situated next to the courthouse, luxury residential buildings, and a thriving downtown district, this property benefits from high foot and vehicle traffic, ensuring maximum visibility and a steady stream of customers. The location's proximity to growing neighborhoods and expanding commercial developments makes it an ideal choice for entrepreneurs, restaurateurs, and investors looking for a high-income potential and long-term value. This is a rare opportunity to establish or expand a successful restaurant business in one of Providence's most vibrant areas. It also includes all equipment, liquor licenses and furniture of the restaurant.
1378291
MLSⓇ ID
February 17, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
0
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Sewer
Public Sewer
Security
Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System
Other Property Details
Taxes
$10,688
Tax Frequency
Annually
Days on Market
1
Association Fee
$910
Association Fee Frequency
Monthly
Garage
No
Parking Total
0
View
No
County
Providence
Pool
No
Zoning
R1-75
Courtesy of Coastline Realty LLC
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
©2025 State-Wide MLS, Inc. All rights reserved.
Data last updated 7:37 PM UTC, 2/21/2025.