Well established Chinese restaurant since 1980 is for sale. 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. Seller will consider lease at $8000/month, with option to buy. Seller financing is also available.
- Price:
- $2,110,000
- Square Footage:
- 6,655
- Acreage:
- 0.61
- Year Built:
- 1970
- Listing ID #:
- 1300328
- Street Address:
- 400 Atwood Ave
- City:
- Cranston
- State:
- Rhode Island
- Postal Code:
- 02920
- County:
- Providence
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Security:
- Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Service
- Construction Description:
- Masonry
- Finished Above Ground Square Footage:
- 6655
- Foundation:
- Concrete Perimeter
- Furnished:
- Furnished
- Number Of Floors In Unit:
- Two
- Number Of Units:
- 3
- Stories:
- 2
- Stories:
- 2
- Stories:
- 2
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 6655
- Year Built:
- 1970
- Business Description:
- China Dynasty Restaurant
- Business Type:
- Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Year Established:
- 1980
- Conforms To Zoning:
- C4
- Lot Square Footage:
- 26600
- Road Frontage Type:
- City Street
- Road Type:
- Paved
- Suitable Use:
- Investment, Commercial
- Community Features:
- Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights, Sidewalks
- Days On Market:
- 526
- On Market Date:
- 2021-12-18
- Originating Mls:
- Ris
- Previous Listing Price:
- 2100000
- Title Type:
- Corporation
- Property Taxes:
- $21,592
- Tax Year:
- 2020
- Parking Spaces:
- 54
- Cooling System:
- Central Air
- Electricity:
- 200+ Amp Service, Circuit Breakers
- Existing Water:
- Connected, Public
- Has Central Air Conditioning:
- 1
- Heating:
- Forced Air, Gas, Zoned
- Sewage Type:
- Connected, Public Sewer
- Utilities:
- Natural Gas Connected, Sewer Connected, Water Connected
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Shuman Hsia with Circle 100 Real Estate
-
Statewide MLS
