INNOVATE
Real Estate
No photos available for this listing

$650,000

172 Wayland Avenue
Providence, RI 02906
Listed by Amanda Loux
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1959

About this home

Incredible opportunity to acquire a fully operational and long-established sushi and Asian fusion restaurant business in the sought-after Wayland Square neighborhood of Providence’s East Side. This business-only sale includes all furniture, fixtures, and equipment (FFE), a well-maintained commercial kitchen, full sushi bar, and dining setup. The restaurant enjoys strong local support, walk-in traffic, and visibility in one of Providence’s most walkable, high-income areas near Brown University and RISD. Liquor and food licenses are in place and transferable. Leasehold interest included—lease terms available to qualified buyers. Sale includes all operational systems, vendor relationships, and staffing. Owner willing to stay involved throughout transition to ensure a seamless transfer! Continue the current concept or bring your own brand to this turnkey location. Financials, lease, and equipment list available upon execution of a confidentiality agreement. Please do not approach staff or ownership—business is currently operating.

Property details

MLS #
1416756
Property type
Commercial,Business
Subdivision
Wayland
Status
Active
Days on market
28
On market date
June 30, 2026
Stories
N/A
Garage spaces
N/A
Lot size
7,841 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Vartan Gregorian El. School
0.69 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Nathan Bishop Middle
0.87 mi away · Grades 6-8
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
636
Student:teacher ratio
13.3:1
District
Providence
High
Hope High School
0.81 mi away · Grades 9-12
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
943
Student:teacher ratio
14.3:1
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 July 11, 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.