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

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

Jim Conway Is this you?

Conway Commercial Group

(401) 447-6062

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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

Jim Conway Is this you?

Conway Commercial Group

(401) 447-6062

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