61 DePasquale Avenue Providence, RI 02903

Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza. The list price includes both the real estate and the established restaurant business, complete with equipment and furniture. Buyers interested in purchasing the real estate only are encouraged to contact the lis...ting agent for updated pricing. The first-floor restaurant tenant has one year remaining on the lease with an option to extend and is also open to an early lease termination and sale of the business. This creates flexibility for a new owner who may wish to operate the existing restaurant, introduce a new concept, or re-tenant the space. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, living room, and two generously sized bedrooms. The third-floor apartment offers dramatic two-story living. The main level includes an updated kitchen and bathroom, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. All major mechanical systems have been updated within the past few years, making this a turn-key mixed-use investment in one of Providence's most vibrant and high-demand locations Continue reading