Business Opportunity at 172 Wayland Ave, Providence RI 02906, Providence
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$650,000

172 Wayland Ave, Providence RI 02906
Providence, RI 02906
Listed by Jesse Andrews
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2003

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! 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 #
73543538
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
96
On market date
June 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
12,133 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

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

Walkability

Blended score for Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

98
Highly walkable
out of 100
EPA National Walkability Index
19.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Providence, from live MLS data.

On the market 96 days -- 54 more days than Providence's current average of 42 days.
For reference, the median list price across 1,293 active listings in Providence right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 4, 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.