638 Charles ST Active

Providence,RI 02904

$ 250000

- Bed

0 Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $138

MLS Listing ID 1393824

Year Built 1930

Tax Year 2024

Lot Size 1,800 Sqft

Property Sub-Type Commercial

Property Description

Exceptional opportunity to acquire a long-standing, profitable market in a prime Providence location. This 1,800 sq. ft. business has proudly served the community for over 50 years, including 13 years under current ownership. The operation includes a full-service halal butcher, grocery, tobacco, lottery, ATM, and a wide selection of Mediterranean and American convenience items. Verified annual sales range from $738K $898K. All licenses and equipment transfer with the sale, offering a true turnkey investment. Current rent is just $1,350/month plus utilities. A well-established customer base and strong local reputation make this an ideal choice for an operator or investor seeking a proven, income-generating business. Business only real estate not included. Proof of funds and signed NDA required for financial review.

Location

State RI

County Providence

Zoning C-2

Interior

Heating Steam

Cooling None

Inclusions Goodwill & branding (Foodland Farm International Halal Market) Halal butcher operations (meat & chicken) Grocery/convenience inventory (valued separately at closing) Tobacco license (transferable) Lottery license (renewable-not active now) ATM & revenue stream Hookah, vapes, American & Mediterranean groceries All equipment, freezers, coolers, displays, butcher machinery, POS system all go with the sale.

Exterior

Fence Fenced

Community Features Highway Access,Near Hospital,Near Schools,Public Transportation,Shopping,Street Lights,Sidewalks

Utilities Available Natural Gas Available,Natural Gas Connected,Sewer Connected,Water Connected

Building

Lot Description Corner Lot

Story 3

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Other

New Construction No

Others

Acceptable Financing Assumable

Listing Terms Assumable

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