Full Service, Quick Service, Food License, Full Liquor License, bar, two floors, two kitchens with all equipment, full basement, double-size walk-in cooler, FF&E, inventory, potential seating for 50+ guests inside and 40+ outside on city-approved patio. This is an opportunity to own and operate a thriving restaurant business in the heart of Downtown Providence on a highly-visible corner. One of the best locations in the city is right here directly facing PPAC and JWU with floor-to-ceiling glass windows. The Providence Performing Arts Center across the street brings big crowds right to your door every weekend during theater show seasons (including summer). Johnson & Wales University has its main campus across the street which hosts over 4,000 students every year from Fall to Spring. You could keep current operations going or establish your own brand and concept.
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Listing courtesy of Churchill & Banks Co., LLC Phone: 401-273-8010
199 Weybosset Street, Providence, RI, 02903
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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