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    114 Spruce Street

    Providence, RI 02903
    • $425,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 1278012
    UPDATED: 61 min ago
    $425,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,244
      SQFT
    • $189
      $/SQFT
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    This turn-key property currently used as bar and lounge in the heart of Federal Hill offers 2,224 sq ft of indoor space as well as 680 sq foot covered courtyard and an additional wood deck. Property is one of a very few that is zoned for Entertainment, allowing owner to charge admission fees. Establishment was completely renovated in 2016. Highlights include 2 working fireplaces, a 4 year old 2 zone HVAC system, on demand hot water unit, slate roof, 110 seats inside and 75 seats outside. Current tenant pays $3,000 mo rent and as well as property taxes (approx 1,200/mo). Motivated seller. Tenant is month to month.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Dave T Team @ RE/MAX Central are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dave T Team @ RE/MAX Central. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-14T14:38:07.64.
    www.davetteam.com/homes/115318653
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    114 Spruce Street Providence, RI 02903

    • Price: $425,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 1278012
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,244
    SQFT
    $189
    $/SQFT
    1900
    Built
    County:
    Providence
    Area:
    Providence
    Property Description
    This turn-key property currently used as bar and lounge in the heart of Federal Hill offers 2,224 sq ft of indoor space as well as 680 sq foot covered courtyard and an additional wood deck. Property is one of a very few that is zoned for Entertainment, allowing owner to charge admission fees. Establishment was completely renovated in 2016. Highlights include 2 working fireplaces, a 4 year old 2 zone HVAC system, on demand hot water unit, slate roof, 110 seats inside and 75 seats outside. Current tenant pays $3,000 mo rent and as well as property taxes (approx 1,200/mo). Motivated seller. Tenant is month to month.
    Exterior Features

    Construction Materials Brick Parking Total 0

    Interior Features

    Basement None Basement YN No Cooling Central Air Heating Forced AirGas

    Property Features

    Business Type Food & Beverage Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationShoppingSidewalks Electric 200+ Amp Service Land Lease YN No Operating Expense 0 Possible Use ResidentialSee Remarks Property Sub Type Commercial Security Features Fire AlarmSmoke Detector(S)Fire Sprinkler System Sewer ConnectedPublic Sewer Tax Annual Amount 14474 Tax Assessed Value 394400 Tax Lot 546 Tax Year 2020 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Source ConnectedPublic

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Churchill & Banks Co., Llc.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Dave T Team @ RE/MAX Central are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dave T Team @ RE/MAX Central. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-14T14:38:07.64.
     
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    Dave T Team @ RE/MAX Central
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    Coventry RI, 02816