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Key Details
Sold Price $349,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Area
MLS Listing ID 1282597
Sold Date 11/23/21
HOA Y/N No
Year Built 1890
Annual Tax Amount $12,750
Tax Year 2020
Lot Size 9,452 Sqft
Acres 0.217
Property Description
Amazing 1890's mill converted into a lounge/tavern offering the look and feel of an authentic mill. The sanded brick walls with high wood ceilings are viewed within the entire establishment, hardwood flooring in the main areas, has the capacity of 99 patrons, full kitchen, fully fire coded, all equipment to transfer with sale. Establishment is currently closed, and new owner would need to take care of obtaining/reinstating all licenses to operate as a lounge/bar business. If the bar business is not for you, there are still options for the investor: there are 2 more floors above the bar that have new windows, bricks and wood ceilings have been sand blasted, dry sprinkler system in place, with the right city approvals, it could be transformed into amazing residential units. The property does require TLC and a few corrections needed to satisfy the city prior to opening any business. Currently there is one unit on the second floor which is being used as the owners unit. Has been a long time establishment in the city, and could be the new hot spot to go to.... This is an Estate sale with no disclosures and being sold in as is condition.
Location
State RI
County Providence
Community Downtown Area
Zoning GB-MU2
Rooms
Basement Full
Interior
Cooling Central Air
Furnishings Furnished
Exterior
Community Features Highway Access, Near Schools, Other, Public Transportation, Shopping, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Total Parking Spaces 26
Building
Lot Description Corner Lot
Building Description Brick, Public Restrooms
Story 3
Foundation Concrete Perimeter
Sewer Connected, Public Sewer, Sanitary
Water Connected, Public
Level or Stories 3
Structure Type Brick
New Construction No
Others
Tax ID 81ALLENSTWOON
Security Features Fire Alarm,Fire Sprinkler System
Financing Cash
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