1278 Post RdWarwick, RI 02888

For Sale
$900,000
Established Chinese Restaurant, Liquor License

Overview

Added:
Feb 3
Days on market:
71
This exceptional commercial property at 1278 Post Road, Warwick, RI, presents a unique investment opportunity. This well-established Chinese restaurant, operating successfully since 1974, boasts a prime location in the Norwood area, offering convenient access to T.F. Green Airport, Interstate 95, and Interstate 295. The property sits on a double lot encompassing 0.38 acres, providing ample parking for 28 vehicles. The building itself offers 2,000 square feet of open, efficiently designed space on the first floor, perfect for restaurant operations, accommodating 70 diners. A substantial 2,000 square foot full basement provides extensive storage capacity. The restaurant holds a valuable liquor license, adding significant potential for revenue generation. The property benefits from recent improvements, including a new roof and paved parking lot completed in 2023, minimizing immediate maintenance needs. This turnkey operation is ideally suited for an owner-operator seeking to establish or expand their restaurant business, eliminating the need for leasing and offering immediate revenue potential. Its central Rhode Island location and proximity to major transportation arteries ensure high visibility and accessibility. The asking price is $900,000.

Property Details for 1278 Post Rd

Property type
Commercial real estate
Year Built
1955
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.74484
Longitude
-71.4278
1278 Post Rd, Warwick, Rhode Island

FAQs

What type of property is this?
Commercial real estate - Established Chinese Restaurant, Liquor License
Where is the commercial real estate located?
The property is located at 1278 Post Rd Warwick, RI.
What is the asking price?
The asking price for this property is $900,000.
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1278 Post Rd
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