Commercial: MLS #1417582 Providence, RI $ 150,000
Commercial: MLS #1417582
$ 150,000
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Commercial: MLS #1417582

Providence, RI, 02903
$ 150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 947

MLS #/Web ID: 1417582 - Image 1
MLS #/Web ID: 1417582 - Image 2
MLS #/Web ID: 1417582 - Image 3
MLS #/Web ID: 1417582 - Image 4
MLS #/Web ID: 1417582 - Image 5
MLS #/Web ID: 1417582 - Image 6

Commercial Property for sale in Providence, RI

for $150,000.

Exceptional opportunity to acquire a fully operational hookah lounge and bar in a desirable Providence location. Established in December 2024, this stylish turnkey business includes a valuable liquor license, food service, and quality renovations throughout. Located on a prominent corner with excellent visibility and an estimated 12,000 18,000 vehicles passing daily, the lounge features a modern interior with dark finishes, accent lighting, new flooring, a custom bar, new tables and chairs, and seating for up to 100 guests. The sale includes all furniture, fixtures, equipment, inventory, liquor inventory on hand at closing, the website, and social media accounts. All equipment is owned and conveys with the sale. The lounge offers a functional kitchen (no hood), ductless A/C, 200-amp electrical service, POS system, security system, two restrooms, including a private employee restroom, and renovated basement space for storage and operations. The business operates under a favorable lease with approximately three years remaining, and the landlord is flexible regarding future lease terms. A rare opportunity to own a fully equipped, turnkey hospitality business with outstanding visibility and room for continued growth.

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Commercial Active

Price

$ 150,000

Property Type

Commercial

Taxes

$ 3,600

Style

Town/City

Providence

County/Region

Providence

MLS | Web ID

1417582

Features
General
Sewer Connected Public Sewer
Cooling Ductless Heat Pump
Utilities Sewer Connected
Possession Close Through 45 Days Immediately
Security Features Building Security Security Lights
Construction Materials Brick
Electric 200+ Amp Service
Tenant Pays Cable TV Electricity Insurance
Property Subtype Business
Tax Year 2025
Gross Income 292000
Business Type Bar/Tavern/Lounge
Community Features High Traffic Location Sidewalks
County Providence
New Construction false
Property Type Business Opportunity
Building Features Public Restrooms
Status Active
City Providence
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 1828
Number of Units Leased 1
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 3600
Lease Renewal Y/N true
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Business
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Interior
Basement Partial
Total Stories 0
Basement (Y/N) true
Air Conditioning Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 1828
Number of Buildings 1
Building Area Total 0
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

dawn@dawnsellshomesinri.com

Email

Affordability Calculator

$1,247
Per Month
76%
24%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/12/2026$150,000 Listed Price

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