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L.A. Cafe 245 Washington St 4,023 SF Retail Building West Warwick, RI 02893 $1,254,285 CAD ($311.78 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Well Established Business
  • Well Maintained Property
  • Signange
  • High Visibility
  • Ample Parking

EXECUTIVE SUMMARY

Business, Real Estate & Inventory included. Very rare opportunity to purchase a well-run locally owned & operated business and nicely maintained real estate. Set on a highly visible corner lot with ample parking the real estate features a 4,000+ SF commercial building currently being used as a bar/lounge/billiard hall with full commercial kitchen, walk-in refrigerator, sound system for live music/DJ & more. The real estate also offers all public utilities (water/sewer/gas), young roof, recent updates & fire coded. The business, L.A Cafe, has been a staple for many years and offers a full liquor license, full commercial kitchen, great client base and the potential for increased sales if desired. Please do not visit business without a scheduled showing. Pride of Ownership.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $16,099 $4.00
Operating Expenses - -
Total Expenses $16,099 $4.00

FINANCIAL SUMMARY (ACTUAL - 2025)

Taxes (CAD)
Annual $16,099
Annual Per SF $4.00
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $16,099
Annual Per SF $4.00

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
4,023 SF
Building Class
C
Year Built/Renovated
1920/2025
Price
$1,254,285 CAD
Price Per SF
$311.78 CAD
Business Value
$556,685 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.38 AC
Zoning
B - ADCD - Business - Arctic Village
Parking
30 Spaces (7.46 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Corner Lot
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • L.A. Cafe
  • -
  • 4,023 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
L.A. Cafe - 4,023 SF - -

NEARBY MAJOR RETAILERS

Better Val-U Supermarkets IGA
Citizens Bank
Fogo de Chão

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • WWAR-000006-000781-000000
  • WWAR-000006-000784-000000
  • WWAR-000006-000780-000000
Land Assessment
$220,077 CAD
Improvements Assessment
$420,159 CAD
Total Assessment
$640,236 CAD
Annual Taxes
$16,099 CAD ($4.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38216356

  • Date on Market: 2025-10-25

  • Last Updated:

  • Address: 245 Washington St, West Warwick, RI 02893

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