Skip To Content

0 Address Withheld Street

Central Falls, RI 02863
  • $1,600,000
  • STATUS: Active
  • MLS #: 1299479
UPDATED: 62 min ago
$1,600,000
  • 0
    BEDS
  • 3.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,200
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

If you've dreamed of owning your own restaurant with a steady stream of income this maybe your opportunity. Landmark, building erected in the 1930's By Scholes, a local business merchant and developer. In 1939 it became the home to Adams Drug Store a staple to the neighborhood until its sale in the mid 1980's. This property has always supported the community and now you can own this major piece of history. In 2019 the property under when the start of a major rehabilitation. Transforming a deteriorating landmark. Into a thriving venue for all to enjoy. Opening its doors in July of 2021, with a seating capacity for 160 guest makes this one of the largest venues in the neighborhood. A place to meet locals and from other communities, for food, drink and entertainment. Host a private event or become a frequent guest. Phase 1 is complete. Now it's up to you for phase 2. The second level consists of 4600 square feet of open space. with 3 overside bonnet style skylights. The vision for this space consists of 4-6 residential units. Still in the plan development period there remains time for your input. Besides this landmark building an additional land which fronts on Dexter and Earle Street. Comprised of 6800 square of fresh pavement provides 18 parking spaces. Upon the completion a 12-year tax incentive has been granted by the City of Central Falls.

Monthly Payment Calculator





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Re/Max Vantage are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Vantage. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-07-07T09:37:42.153.
www.teamrosoremax.com/homes/125275721
Print Image

0 Address Withheld Street Central Falls, RI 02863

  • Price: $1,600,000
  • Status: Active
  • On Site: Days
  • Updated: 62 min ago
  • MLS #: 1299479
0
Beds
0
Baths
0
½ Baths
3.1
Acres
9,200
SQFT
$174
$/SQFT
1900
Built
Neighborhood:
Downtown District
County:
Providence
Area:
Central Falls
Property Description
If you've dreamed of owning your own restaurant with a steady stream of income this maybe your opportunity. Landmark, building erected in the 1930's By Scholes, a local business merchant and developer. In 1939 it became the home to Adams Drug Store a staple to the neighborhood until its sale in the mid 1980's. This property has always supported the community and now you can own this major piece of history. In 2019 the property under when the start of a major rehabilitation. Transforming a deteriorating landmark. Into a thriving venue for all to enjoy. Opening its doors in July of 2021, with a seating capacity for 160 guest makes this one of the largest venues in the neighborhood. A place to meet locals and from other communities, for food, drink and entertainment. Host a private event or become a frequent guest. Phase 1 is complete. Now it's up to you for phase 2. The second level consists of 4600 square feet of open space. with 3 overside bonnet style skylights. The vision for this space consists of 4-6 residential units. Still in the plan development period there remains time for your input. Besides this landmark building an additional land which fronts on Dexter and Earle Street. Comprised of 6800 square of fresh pavement provides 18 parking spaces. Upon the completion a 12-year tax incentive has been granted by the City of Central Falls.
Exterior Features

Construction Materials BrickMasonryOther Foundation Details Brick/MortarConcrete PerimeterSlab Frontage Length 93 Levels Two Parking Total 26

Interior Features

Basement Partial Basement YN Yes Building Features Public Restrooms Cooling Central AirDuctless Furnished Furnished Heating Forced AirGasZoned

Property Features

Association Amenities Business CenterRecreation Facilities Business Type RestaurantRetail Community Features Business CenterNear HospitalNear SchoolsPublic TransportationHigh Traffic LocationSidewalks Electric 200+ Amp ServiceCircuit Breakers Land Lease YN No Lease Considered YN Yes Operating Expense 0 Owner Pays Hvac MaintenanceParking FeeRoof MaintenanceSewerTaxesWater Possible Use CommercialMixed UseOfficeResidentialSee Remarks Property Sub Type Commercial Road Surface Type AsphaltPaved Security Features Security System OwnedSecurity SystemFire AlarmFirewall(S)24 Hour SecuritySmoke Detector(S)Building SecurityFire Sprinkler SystemSecurity LightsSecurity Service Sewer Connected Tax Annual Amount 16500 Tax Assessed Value 471800 Tax Lot 000 Tax Year 2021 Tenant Pays Air ConditioningElectricityGasGrounds CareHeatHot WaterSnow RemovalSewerWater Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Source ConnectedPublic Zoning Dt

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of August Associates, Llc.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Re/Max Vantage are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Vantage. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-07-07T09:37:42.153.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1299479-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1299479-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1299479-2.jpg
Logo
Re/Max Vantage
77 State Road
Dartmouth MA, 02747