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Presented by
The Jodie Jordan Group |
Prime Corner Restaurant / Lounge / Hookah Bar Opportunity Pawtucket, RI Exceptional opportunity to acquire a fully built-out restaurant, lounge, and hookah bar at 110 School Street, Pawtucket, ideally positioned on the corner of a highly trafficked thoroughfare. This prominent location offers outstanding visibility, strong street presence, and steady daily exposure. Located a minute from the highway, and within walking distance of the new Centerville Bank Stadium, the property is perfectly situated to capitalize on game-day crowds, and events, as well as nearby residential and commercial foot traffic. The sale includes the existing business and all required licenses, allowing for a seamless transition and immediate operation. The space is well-suited for nightlife, dining, and entertainment concepts, with a flexible layout potential for private events, live music, or expanded lounge seating. Additional highlights include ample on-site parking, a major advantage for both customers and staff, a large wrap-around deck facing the river and stadium, and a corner lot configuration that enhances accessibility and curb appeal. Ideal for owner-operators or investors seeking a turnkey hospitality venue in a growing, high-demand area of Pawtucket.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
Sales Associates
William Raveis Real Estate
Phone: 401.371.3270
JodieJordanGroup@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $609 | $609 | $609 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,692 |
| Total Monthly Payment | $4,509 | $4,833 | $6,393 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.