No photos available for this listing

$650,000

371 Smith Street
Providence, RI 02908
Listed by The Jarrod Lewis Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1955

About this home

Exceptional opportunity to own a fully equipped food and lounge property with real estate in Providence. This one-level, turnkey building is thoughtfully laid out with a front QSR/café space and an adjoining lounge/event area, offering flexibility for a wide range of concepts. The property includes a complete commercial kitchen, bar, and deli setup, allowing a new owner to launch quickly with minimal upfront investment. While the business is not currently cash-flow positive, the infrastructure is fully in place for a new concept, rebrand, or expanded events-driven operation. The kitchen is outfitted with a 12-foot hood with Ansul system, 6-burner range, flat-top, charbroiler, fryer, convection oven, ample stainless workspace, prep refrigeration, bar and beer coolers, POS systems, security cameras, and smallwares. With real estate included, a flexible layout, and location along an active commercial corridor, this property presents a rare opportunity for an owner-operator or investor to create a profitable food, beverage, or event destination.

Property details

MLS #
1404612
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
10
On market date
February 10, 2026
Stories
N/A
Garage spaces
N/A
Lot size
6,372 sqft
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Harry Kizirian Elementary
0.2 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
563
Student:teacher ratio
17.1:1
District
Providence
Middle
Nathanael Greene Middle
0.39 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
907
Student:teacher ratio
15.4:1
District
Providence
HighCharter
Times2 Middle/High School
0.24 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
403
Student:teacher ratio
14.9:1
District
Providence

Mortgage calculator

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Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated February 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.