Price Reduced 19.43%


Price History

$2,100,000
12/18/2021

$2,110,000
2/9/2022

$1,700,000
12/22/2023


400 Atwood Avenue, Cranston, RI, 02920

400 Atwood Avenue, Cranston, RI, 02920

1970

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.


Status:

Pending

Type:

Commercial

Furnished Remarks:

Furnished

Units:

3

Zoning:

C4

Frontage:

140

Heating:

Forced Air, Gas, Zoned

Cooling:

Central Air

Parking:

54-car

Acreage:

0.61

Est. Taxes:

$21,592

Assessment

$799,700

Permitted Use

Commercial,Investment

Construction

Masonry

Utilities

Natural Gas Connected,Sewer Connected,Water Connected

Amenities:

Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights, Sidewalks

Days on Market:

949

MLS #:

1300328


Community Info

School Info

Walk Score

Mass Transit

Yelp


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