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376 Bullocks Point Ave 3,984 SF 100% Leased Retail Building Riverside, RI 02915 $2,548,024 CAD ($639.56 CAD/SF)
EXECUTIVE SUMMARY
Incredible investment opportunity in the heart of Riverside, RI! This thriving, long-established restaurant has been successfully operating for 30 years and continues to draw a loyal customer base. The property sits on an expansive 25,000 sq. ft. lot, offering rare development potential for 40–50 residential units with the added vision of a rooftop restaurant showcasing stunning water views. Inside, the restaurant and lounge have just been newly renovated, featuring modern, aesthetically pleasing finishes that create an inviting atmosphere for dining and entertainment. The building has been well maintained, ensuring a smooth transition for the next owner. Continue operating a proven, profitable restaurant, pursue a dynamic mixed-use redevelopment, this property presents an unmatched opportunity in a prime location. A true gem for investors, developers, or restaurateurs looking for growth and long-term value in East Providence.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,984 SF
Building Class
B
Year Built
1940
Price
$2,548,024 CAD
Price Per SF
$639.56 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.57 AC
Zoning
C1
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Security System
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Lee’s Restaurant & Lounge
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Lee’s Restaurant & Lounge | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | EPRO-000312-000012-000029-000020 | Improvements Assessment | $513,886 CAD |
| Land Assessment | $333,278 CAD | Total Assessment | $847,164 CAD |
PROPERTY TAXES
Parcel Number
EPRO-000312-000012-000029-000020
Land Assessment
$333,278 CAD
Improvements Assessment
$513,886 CAD
Total Assessment
$847,164 CAD
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376 Bullocks Point Ave
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