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167 Benefit Street

Pawtucket, RI 02861
  • $125,000
  • STATUS: Active
  • ON SITE: 297 Days
  • MLS #: 1312091
UPDATED: 53 min ago
$125,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,755
    SQFT
  • $33
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

MUST ONLY BE PURCHASED TOGETHER WITH THE BUILDING AS A PACKAGE. REFER TO LISTING #1312090 FOR MORE DETAILS. BUYER MIGHT WANT TO CONSIDER FINANCING THE PROPERTY ALONE UNDER A COMMERCIAL LOAN FOR A MIXED-USE PROPERTY AT A PRICE TO COVER THE WHOLE PACKAGE VALUE, AS FINANCING FOR BUSINESSES SEEMS QUITE DIFFICULT TO SECURE. UNDER THIS OPTION, BUSINESS ITSELF COULD HAD BEEN TRANSFERRED THROUGH A MERE "BILL OF SALE" UNDER THE PRICE OF A $1.00TURN-KEY OPERATION OF AN LONG-ESTABLISHED AND PROFITABLE BUSINESS IN THE HEART OF COMMUNITY. THIS IS OPERATED BY A COUPLE AS A CONVENIENCE STORE, FISH MARKET AND CATERING SERVICE. IT OFFERS GREAT POTENTIAL TO EXPANSION INTO A SEAT-IN CAFE, ADDED SALE OF TOBACCO PRODUCTS, LOTTERY, A HOOKAH LOUNGE, AND MORE... MAY BE SUBDIVIDED. THE EQUIPMENT AND INFRASTRUCTURE ARE ALL IN DECENT SHAPE. FEATURING A WALK-IN FREEZER, PLENTY OF STAND-ALONE OTHERS, COMMERCIAL GRADE STOVE AND REFRIGERATION EQUIPMENT, LOBSTER TANKS, FOOD WARMERS AND MORE. PLENTY OF PARKING, CENTRAL A/C, ALARM SYSTEM AND FIRE SAFETY SYSTEM WITH EMERGENCY EXIT SIGNS AND LIGHTS, SPRINKLER SYSTEM AND STATION COMMUNICATION PANEL. SELLERS UNABLE TO SATISFY FINANCING INSTITUTION'S REQUIREMENT FOR VERIFIABLE PROOF OF SUPPORTING DEBT SERVICE UNDER THE ASKING PRICE.

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[Rhode Island Statewide MLS] logo

© 2023 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 The Martone Group | RE/MAX Properties 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 The Martone Group | RE/MAX Properties. 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: 2023-03-31T20:38:10.61.
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167 Benefit Street Pawtucket, RI 02861

  • Price: $125,000
  • Status: Active
  • On Site: 297 Days
  • Updated: 53 min ago
  • MLS #: 1312091
0
Beds
0
Baths
0
½ Baths
0.12
Acres
3,755
SQFT
$33
$/SQFT
1940
Built
Neighborhood:
Darlington
County:
Providence
Area:
Pawtucket
Property Description
MUST ONLY BE PURCHASED TOGETHER WITH THE BUILDING AS A PACKAGE. REFER TO LISTING #1312090 FOR MORE DETAILS. BUYER MIGHT WANT TO CONSIDER FINANCING THE PROPERTY ALONE UNDER A COMMERCIAL LOAN FOR A MIXED-USE PROPERTY AT A PRICE TO COVER THE WHOLE PACKAGE VALUE, AS FINANCING FOR BUSINESSES SEEMS QUITE DIFFICULT TO SECURE. UNDER THIS OPTION, BUSINESS ITSELF COULD HAD BEEN TRANSFERRED THROUGH A MERE "BILL OF SALE" UNDER THE PRICE OF A $1.00TURN-KEY OPERATION OF AN LONG-ESTABLISHED AND PROFITABLE BUSINESS IN THE HEART OF COMMUNITY. THIS IS OPERATED BY A COUPLE AS A CONVENIENCE STORE, FISH MARKET AND CATERING SERVICE. IT OFFERS GREAT POTENTIAL TO EXPANSION INTO A SEAT-IN CAFE, ADDED SALE OF TOBACCO PRODUCTS, LOTTERY, A HOOKAH LOUNGE, AND MORE... MAY BE SUBDIVIDED. THE EQUIPMENT AND INFRASTRUCTURE ARE ALL IN DECENT SHAPE. FEATURING A WALK-IN FREEZER, PLENTY OF STAND-ALONE OTHERS, COMMERCIAL GRADE STOVE AND REFRIGERATION EQUIPMENT, LOBSTER TANKS, FOOD WARMERS AND MORE. PLENTY OF PARKING, CENTRAL A/C, ALARM SYSTEM AND FIRE SAFETY SYSTEM WITH EMERGENCY EXIT SIGNS AND LIGHTS, SPRINKLER SYSTEM AND STATION COMMUNICATION PANEL. SELLERS UNABLE TO SATISFY FINANCING INSTITUTION'S REQUIREMENT FOR VERIFIABLE PROOF OF SUPPORTING DEBT SERVICE UNDER THE ASKING PRICE.
Exterior Features

Construction Materials Frame Foundation Details Concrete PerimeterStone Frontage Length 50 Levels Three Or More Lot Features Corner Lot Parking Total 10

Interior Features

Basement Full Basement YN Yes Building Features CafeteriaPublic Restrooms Cooling PartialCentral Air Furnished Unfurnished Heating BaseboardCentralForced AirHot WaterIndividual

Property Features

Business Type Food & Beverage Community Features Highway AccessNear SchoolsPublic TransportationShoppingStreet LightsSidewalks Electric 200+ Amp ServiceCircuit Breakers220 Volts Gross Income 275000 Land Lease YN No Lease Considered YN No Possible Use Mixed Use Property Sub Type Commercial Road Frontage Type City Street Road Surface Type AsphaltPaved Security Features Carbon Monoxide Detector(S)Fire AlarmBuilding SecurityFire Sprinkler SystemSecurity LightsSecurity Service Sewer ConnectedPublic Sewer Tax Annual Amount 4922.73 Tax Assessed Value 209600 Tax Lot 0148 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceCable TvElectricityExterior MaintenanceGasHeatHot WaterInsuranceJanitorial ServicePest ControlSecuritySnow RemovalSewerTrash Collection Utilities Cable AvailableFiber Optic AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source ConnectedPublic Zoning Cl

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Duke Silva Real Estate: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 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 The Martone Group | RE/MAX Properties 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 The Martone Group | RE/MAX Properties. 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: 2023-03-31T20:38:10.61.
 
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Smithfield RI, 02917