123 Dorrance Street
Providence, Rhode Island

MLS#: 1378291

$1,290,000 USD

The details

Property features

Construction details

  • Year built: 1897

Other features

  • Cooling system: Air Conditioning

Description

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.

Location

Providence, Rhode Island