2294405
ad799790-3e21-444e-a609-e66466492063
us/ri/providence
78 Pearl St
78 Pearl St, Providence, RI 02905
- For Sale $595,000
- Property Type Retail
- Property Size 2,002 SF
- Lot Size 0.03 Acre
- Year Built 1920
- Date Updated Dec 22, 2022
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.
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Location
Getting Around
-
Walk Score ®
78/100
Very Walkable
-
Transit Score ®
62/100
Good Transit
-
Bike Score ®
54/100
Bikeable
Powered by Walk Score ®
- City Providence, RI
- Neighborhood Upper South Providence
- Zip Code 02905
- Market Providence
Points of Interest
Transportation
Fuel station
Parking
Restaurants
Stores
Providence
1.22 miles
T. F. Green Airport
5.99 miles
Speedway
2.96 miles
Sunoco Gas Station
3.38 miles
BESTWAY
3.61 miles
Speedway
3.95 miles
Shell
3.98 miles
ChargePoint
4.12 miles
ChargePoint
4.39 miles
eVgo
5.36 miles
ChargePoint
5.51 miles
Mobil
5.73 miles
174 Clifford Street
0.42 miles
PPAC Square Garage
0.67 miles
Empire Lot
0.77 miles
Dunkin Donuts Center and Rhode Island Convention Center South Parking Garage
0.88 miles
Packet Garage
0.91 miles
John Brown House Museum Parking
0.98 miles
Lot 2
1.54 miles
Lot 89
1.66 miles
Lot E10
3.26 miles
Lot N
3.34 miles
Snowden Dining Hall
0.70 miles
Tel Aviv
0.75 miles
Providence Place Food Court
1.11 miles
Dunkin'
1.53 miles
Burger King
1.64 miles
Harbor View
2.35 miles
Ichiban
2.60 miles
Spain
3.37 miles
Rasoi
3.43 miles
Wendy's
3.95 miles
The Arcade
0.88 miles
Friends Marketplace
1.00 miles
Macy's
1.01 miles
Providence Place Mall
1.11 miles
Price Rite
2.80 miles
Shaws
2.92 miles
Ocean State Job Lot
3.72 miles
Garden City Center
4.30 miles
ALDI
4.35 miles
Aldi
4.43 miles
Contacts
Frequently Asked Questions
What is the total square footage of 78 Pearl St?
78 Pearl St totals 2,002 square feet.
When was this property built?
78 Pearl St was built in 1920.
Tax
- Property Tax in 2022 $14,093
- Market Value* $398,100
- Assessed Value $398,100
Find more tax info, including assessment history and abatements, on CommercialEdge.
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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