Listed by MG Commercial
$1,995,000
38 Dike Street
Details
Property Type Retail, Mixed Use
Sub Type Restaurant, Commercial
Square Footage 11,000
Year Built 1973
Lot Size (SqFt) 21,175
Parking Spaces 35 spaces
Parking Per SqFt 3.18
11,000 SF Turn-Key Restaurant for sale
Marketing description
The former Wes' Rib House and the associated real estate are now available for sale. MG Commercial is pleased to bring to market this recently renovated turnkey restaurant that includes additional space on the upper floor for redevelopment. Wes' has been a Rhode Island institution since 1973, serving some of the state's best barbecue. The offering includes a full kitchen, including new restaurant equipment, two (2) full bars, spacious dining area with tables, chairs and banquets.
Additional building improvements include a new roof, windows, lighting and HVAC units. The top floor is unfinished, offering additional adaptive reuse opportunities. The property includes parking for 35+ vehicles.
Olneyville is a dynamic neighborhood known for its industrial charm, rich cultural history, and creative energy. This area has been reimagined as a creative enclave where historic mill buildings now house art studios, boutique businesses, and eclectic living spaces. 38 Dike Street is conveniently located near major highways (Routes 6, 10 & 95), providing easy access to the greater Providence area and beyond.
Investment highlights
- Wes' Rib House (Turnkey Restaurant for Sale) over 50yrs in business
- Includes all FF&E (list upon request), trademark, website, IP
- New roof, windows and HVAC
- 35+ on-site parking spaces
- Surrounded by numerous active redevelopments
- Current seating for over 150
Listing Contacts
Listed by MG Commercial
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