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400 Atwood Avenue Cranston

$1,700,000
6,655 sq ft

The Property

Well established Chinese restaurant since 1980 is ready for new owner. Excellent investment opportunity to start your dream restaurant team with established clientele in a high visibility and well travelled road in the heart of Cranston’s commercial district. Nice open and well lit contemporary design inside and out. Large and spacious dining sections, beautiful cocktail lounge with full liquor license, suitable for dining in, take out, and catering.

The whole restaurant is well maintained and updated. The huge professional kitchen is beautiful and clean, and well organized with walk-in refrigerators and freezer, 600 AMP electric power capacity. There is a spacious storage room on the second floor. The total indoor seating is 120+. There is plenty of room to buildout for outdoor dining, or drive thru service if desired. Nicely paved parking lot has approx. 54 parking space. Financial info is only available to firm buyers. For sale as is!! Buyer needs to proof source of funding, or preapproval letter from lender. Please check out the for lease info on MLS#1341419. Motivated seller!

Lease will be at $7500/month, with option to buy. Seller financing is negotiable.

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Listing Details

MLS Number

1300328

Lot Size:

0.61 acres

Features

  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Recreational Facilities
  • Schools
  • Shopping
  • Heating: Central Air, Forced Air, Gas Connected, Zoned
  • Heating Fuel: Central Air, Forced Air, Gas Connected, Zoned
  • Paved
  • Security
  • Sidewalks
  • Free Standing
  • Strip Store
  • Suburban
  • Year Built: 1970

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Market Trends for Commercial
in Cranston

  • Overview
    Homes for Sale Today32-33.3% decrease in inventory
    New on Market *860% increase in new listings
    Avg. Asking Price/Sq.Ft. *$115.82$54 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,050,000$1,050,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *221545.52%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$196.61$197 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *571571 increase 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?

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    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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