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52 Providence Street West Warwick

$1,400,000
39,248 sq ft

The Property

Perfectly situated on almost an acre of land( two lots, the restaurant 017-0044 0.558Ac, and additional parking lot 017-0187 0.343Ac combined), in the middle of a densely populated residential and business district in West Warwick, this impeccable Chinese American restaurant has been open for business since 1984 and has been rendering excellent service and food to the locals as well as visitors. All new renovation in 2020 with lots of updates and upgrades, 150 seating, 80 parking spaces, and full liquor license, this well known restaurant is very popular in the central Rhode Island area. In addition to a large parking lot, the restaurant abutts the well traveled Washington Secondary Bike trail, which offers the owner an additional foodie/beverage/snack opportunity! The full basement is great for storage, and large parking lot offers lots of potentials.

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Listing Details

MLS Number

1346771

Lot Size:

0.90 acres

Features

  • Basement: Full
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Schools
  • Shopping
  • On-Site Maintenance
  • Heating: Baseboard, Central Air, Central, Forced Water, Gas Connected, Zoned
  • Heating Fuel: Baseboard, Central Air, Central, Forced Water, Gas Connected, Zoned
  • Fenced
  • Paved
  • Sidewalks
  • Free Standing
  • Urban
  • Year Built: 1965

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Market Trends for Commercial
in West Warwick

  • Overview
    Homes for Sale Today22-8.3% decrease in inventory
    New on Market *111000% increase in new listings
    Avg. Asking Price/Sq.Ft. *$251.25$118 increase in List Price/Sq.Ft.
    Avg. Sale Price *$343,500$416,500 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.41%4.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$132.98$133 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *4641 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Circle 100 Real Estate

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