Address
200 Cross Street, Central Falls, RI
Price
$ 105,000
Property Attributes
  • MLS#1359462
  • TypeCommercial
  • CountyPROVIDENCE
  • CityCentral Falls
  • Zip02863
  • StyleCommercial
  • Year Built1900
  • Taxes$ 5216
  • Price$ 105,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1168
  • Lot Size0.110009 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Elevating this business opportunity's allure is Salinas Lounge Bar, a prime prospect for aspiring entrepreneurs and seasoned investors alike. This turnkey establishment features coveted liquor, restaurant, and entertainment licenses, offering versatility for various business models. Outfitted with comfortable furniture, a comprehensive inventory, a television, and a robust security system, it ensures seamless operation from day one. Generating over 50% net income, it promises exceptional profitability. All essential equipment and furniture are included, enabling immediate business commencement and growth. Location is paramount, and this business opportunity excels with its proximity to downtown, easy access to I-95, and closeness to the Pawtucket/Central Falls Station. Nestled in a vibrant and diverse community, it boasts a rich customer base, enhancing its investment appeal.

Price History
5/18/2024 Listed $105,000

General Features

Sewer Connected
Heating ForcedAir
Cooling WindowUnits
Utilities ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,PhoneAvailable,SewerConnected
Possession Negotiable
Security Features ClosedCircuitCameras,CarbonMonoxideDetectors,FireAlarm,BuildingSecurity
Year Built 1900
Electric CircuitBreakers
Tenant Pays AirConditioning,CableTV,Electricity,Gas,Heat,HotWater
Stories 3
Levels ThreeOrMore
Property SubType Commercial
Tax Year 2022
OwnerPays Sewer,Water
Business Type BarTavernLounge
Community Features HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks
Business Name Salina Lounge bar
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Commercial
Garage Y/N No
Status Active
City Central Falls
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 1
Lot Size Units SquareFeet
Lot Size Square Feet 4792.0
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 1
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 5216.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Leasable Area 2200.0
Lease Considered Y/N Yes
Rent Control Y/N No
Days on Market 10
Lease Type Oral
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 261500
Tax Lot 310
Ownership Type Corporation
MobileHomeRemainsYN No

Interior Features

Basement Full
Furnished Y/N Furnished
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1168.0
Electric On Property Y/N No

Exterior Features

Water Source Connected,Public
Total Parking 0.0
Inclusions All Appliances stay,and furniture
Lot Size Area 4792.0
Foundation Details Combination
Number of Buildings 1
Spa No
Building Area Total 1168.0
Frontage Length 50
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02863

Price
AVG $690K
$110K
Taxes
AVG $4,882
$5,216
Visits
AVG 138
66
Data Provided by Inside Real Estate®
Year Built
AVG 1917
1900

Areas We Cover