RI > Providence > Downtown
Providence, RI 02903,123 Dorrance ST
Providence, RI 02903,123 Dorrance ST
Providence, RI 02903,123 Dorrance ST
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$1,200,000
Est. payment /mo
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2,033 SqFt
Active

123 Dorrance ST Providence, RI 02903

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,033 sqft

Price per Sqft $590

Subdivision Downtown

MLS Listing ID 1378291

HOA Fees $910/mo

HOA Y/N No

Abv Grd Liv Area 2,033

Year Built 1897

Annual Tax Amount $10,688

Tax Year 2024

Lot Size 7,440 Sqft

Acres 0.1708

Property Sub-Type Commercial

Property Description

Located in the heart of downtown Providence, this 2,000 sq. ft. fully equipped restaurant and bar offers an exceptional turnkey investment opportunity. Boasting 80-100 seats, a full bar, and a valuable liquor license, this space is perfectly suited for a diverse range of dining concepts from upscale dining to casual eateries, lounges, or trendy gastropubs. Situated next to the courthouse, luxury residential buildings, and a thriving downtown district, this property benefits from high foot and vehicle traffic, ensuring maximum visibility and a steady stream of customers. The location's proximity to growing neighborhoods and expanding commercial developments makes it an ideal choice for entrepreneurs, restaurateurs, and investors looking for a high-income potential and long-term value. This is a rare opportunity to establish or expand a successful restaurant business in one of Providence's most vibrant areas. It also includes all equipment, liquor licenses and furniture of the restaurant.

Location

State RI

County Providence

Community Downtown

Zoning R1-75

Rooms

Basement None

Interior

Cooling Central Air

Exterior

Community Features High Traffic Location

Building

Building Description Brick, Elevator(s)

Sewer Public Sewer

Structure Type Brick

New Construction No

Others

Tax ID 123DORRANCESTPROV

Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System

Acceptable Financing Lease, Lease Option

Listing Terms Lease, Lease Option

© 2025 State-Wide Multiple Listing Service. All rights reserved.
Listed by Coastline Realty LLC

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Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

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Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

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Nathaly Castillo

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+1(727) 203-5117

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http://www.thecouryteam.com/

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.