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$1,200,000
43 Days On Site

123 Dorrance Street
Providence, RI 02903

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
2,033
SqFt
$590
/SqFt
1897
Built
Subdivision:
Downtown
County:
Providence
Call Now: 401-323-8292
Is this the home for you? We can help make it yours.
401-323-8292
123 Dorrance Street123 Dorrance Street123 Dorrance Street123 Dorrance Street
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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.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,033 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1708 Acres
Year Built 
1897
MLS® Number 
1378291
Status 
Active
Property Tax 
$10,688
HOA/Condo/Coop Fees 
$910.38 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,200,000
a month agoListing first seen on site
General Features
Acres 
0.1708
Additional Property Use 
CommercialRetail
Security 
Carbon Monoxide Detector(s)Fire AlarmFire Sprinkler System
Sewer 
Public Sewer
SqFt Above 
2033
SqFt Total 
2033
Interior Features
Basement 
None
Cooling 
Central Air
Interior 
Elevator
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Exterior Features
Construction Details 
Brick
Community Features
Association Dues 
910.38
Financing Terms Available 
Lease Option
HOA Fee Frequency 
Monthly
Listing courtesy of Qing Lu Zhu of Coastline Realty LLC 9172854007



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-04-02 05:39 PM UTC

Neighborhood & Commute
Source: Walkscore
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