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400 Atwood AV Atwood Avenue, Cranston, Commercial/Business

$ 1,700,000
400 Atwood AV Atwood Avenue,
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Overview

  • Updated On:
  • January 3, 2024

Description

Well established Chinese restaurant since 1980 is ready for new owner. Excellent investment opportunity to start your dream restaurant team with established clientele in a high visibility and well travelled road in the heart of Cranston’s commercial district. Nice open and well lit contemporary design inside and out. Large and spacious dining sections, beautiful cocktail lounge with full liquor license, suitable for dining in, take out, and catering. The whole restaurant is well maintained and updated. The huge professional kitchen is beautiful and clean, and well organized with walk-in refrigerators and freezer, 600 AMP electric power capacity. There is a spacious storage room on the second floor. The total indoor seating is 120+. There is plenty of room to buildout for outdoor dining, or drive thru service if desired. Nicely paved parking lot has approx. 54 parking space. Financial info is only available to firm buyers. Buyer need to proof source of funding, or preapproval letter from lender. Please check out the for lease info on MLS#1341419. Motivated seller!

Lease will be at $7500/month, with option to buy. Seller financing is negotiable.

Address: 400 Atwood AV Atwood Avenue
City:
State/County:
Zip: 02920
Country: US
Open In Google Maps
Property Id : 58256
Price: $ 1,700,000
Property Lot Size: 1 ft2
Bridge Modification Timestamp: 2024-01-03T05:25:07.367Z
Building Area Total: 6655
Business Name: China Dynasty Restaurant
Business Type: Bar/Tavern/Lounge,Commercial,Distribution,Fast Food,Food & Beverage,Grocery,Restaurant,Tavern/Bar/Nightclub,Warehouse/Distribution
Cap Rate: 7
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Recreational Facilities,Schools,Shopping
Construction Materials: Masonry
Contract Status Change Date: 2021-12-18
Cooling: Central Air
Door Features: Loading Door: None
Electric: 200 Amps,400 Amps,Circuit Breakers
Foundation Area: 5175
Foundation Details: Concrete Perimeter
Frontage Length: 140
Furnished: Furnished
Gas: Connected
Heating: Central Air,Forced Air,Gas Connected,Zoned
Lease Considered Y/N: 1
List Agent Direct Phone: 401-286-4300
List Agent Email: smhsia869@gmail.com
List Agent Full Name: Shuman Hsia
Listing Contract Date: 2021-12-18
Listing Id: 1300328
Living Area Units: Square Feet
Lot Features: Paved,Security,Sidewalks,Free Standing,Strip Store,Suburban
Lot Size Area: 26600
Lot Size Square Feet: 26600
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-01-03T05:21:40.200Z
Number Of Buildings: 1
Number of Units in Community: 1
Number of Units Total: 3
Occupant Type: Owner
Original Entry Timestamp: 2021-12-18T22:09:13.797Z
Original List Price: 2100000
Ownership Type: Corporation
Parking Total: 54
Possible Use: Commercial,Investment,Food Service
Road Frontage Type: High Traffic,Municipal,Sidewalks
Road Surface Type: Black Tar
Seating Capacity: 120
Security Features: Building Security,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Sewer: Connected,Public Sewer
State or Province: RI
Status Change Timestamp: 2021-12-18T22:09:13.797Z
Stories: 1
Stories Total: 2
Street Name: Atwood
Street Number: 400
Street Suffix: Avenue
Tax Annual Amount: 21592
Tax Year: 2020
Utilities: Natural Gas Connected,Street Lights
Water Source: Public
Year Built: 1970
Year Established: 1980
Years Current Owner: 1980
Zoning: C4
Other Features
Ceiling Height: 9-12 Ft
Has Cooling System
Has Heating System
$ 6,591.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,591.24

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