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400 Atwood Avenue

Cranston, RI 02920
  • $1,350,000
  • STATUS: Closed
  • ON SITE: 1154 Days
  • MLS #: 1300328
Sold - 12/14/2024
$1,350,000
SOLD - 12/14/2024
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,655
    SQFT
  • $203
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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. For sale as is!! Buyer needs 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.

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[Rhode Island Statewide MLS] logo

© 2025 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 John Krekorian | RE/MAX Flagship 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 John Krekorian | RE/MAX Flagship. 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: 2025-02-15T16:37:35.48.
www.krekorianteam.com/homes/124161422
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400 Atwood Avenue Cranston, RI 02920

  • Price: $1,700,000
  • Status: Closed
  • On Site: 1154 Days
  • Updated: 57 min ago
  • MLS #: 1300328
0
Beds
0
Baths
0
½ Baths
0.61
Acres
6,655
SQFT
$203
$/SQFT
1970
Built
County:
Providence
Area:
Cranston
Property 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. For sale as is!! Buyer needs 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.
Exterior Features

Construction Materials Masonry Foundation Details Concrete Perimeter Frontage Length 140 Levels Two Parking Total 54

Interior Features

Cooling Central Air Cooling YN Yes Furnished Furnished Heating Forced Air Gas Zoned Heating YN Yes

Property Features

Business Type Bar / Tavern / Lounge Food & Beverage Restaurant Buyer Financing Other Community Features Golf Highway Access Near Hospital Near Schools Public Transportation Recreation Area Shopping High Traffic Location Street Lights Sidewalks Electric 200+ Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No Lease Considered YN Yes New Construction YN No Possible Use Commercial Investment Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Paved Security Features Building Security Carbon Monoxide Detector(s) Fire Alarm Fire Sprinkler System Smoke Detector(s) Security Service Sewer Connected Public Sewer Tax Annual Amount 21592 Tax Assessed Value 799700 Tax Lot 884 Tax Year 2020 Utilities Natural Gas Connected Sewer Connected Water Connected Water Source Connected Public Zoning C4

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Circle 100 Real Estate: .



[Rhode Island Statewide MLS] logo

© 2025 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 John Krekorian | RE/MAX Flagship 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 John Krekorian | RE/MAX Flagship. 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: 2025-02-15T16:37:35.48.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882