78 Pearl Street,
78 Pearl Street Providence, Rhode Island 02905 United States

78 Pearl Street
78 Pearl Street Providence, Rhode Island 02905 United States

$595,000
  • .03 Acres
    Exterior
  • 1920
    Year Built
  • 1323579
    Web Id
  • 1323579
    MLS ID
  • Hospital
    Subdivision
  • Providence
    School District

About 78 Pearl Street, Providence, Rhode Island

A unique business opportunity that includes the real estate. Local cafe, eatery & pub with a 1am liquor license. The business has been focusing on catering and has experienced a 75% increase in sales year to date. Currently the cafe is operating on limited hours with no nights or weekends. A new operator could easily increase revenues by adding hours and weekends. A captive audience exists with Woman & Infants, Rhode Island Hospital and Hasbro Children's Hospital and many physicians' office buildings all within walking distance. The building and business provide a great opportunity for expansion by fully utilizing the 1am full liquor license. The first floor and basement house the cafe and there is a 2-bedroom apartment on the 2nd floor that is rented at $1600 per month. Annual sales of approximately $300K with abundant room for growth.Owner is retiring after over 35 years in the hospitality business.

Marketed By

Property ID:1323579

MLS ID:1323579

Listing Courtesy of Conway Commercial Group