259 Main Street, Woonsocket, RI 02895-3123 For Sale

Peter M. Scotti & Associates, Inc. is pleased to offer for sale Chan's Restaurant, a landmark restaurant, entertainment venue and operating business located at 259 Main Street in downtown Woonsocket, Rhode Island. Offered at an asking price of $975,000, the sale includes the real estate, furniture, fixtures and equipment, presenting a rare opportunity to acquire one of Rhode Island's most distinctive hospitality properties as a turnkey operation.

Chan's is a 7,000± square foot restaurant and music venue with approximately 50 parking spaces, overall capacity of approximately 225 persons, a Class A liquor license, and C-1 zoning. Operating since 1905, Chan's is widely recognized as the oldest Chinese restaurant in Rhode Island and has earned a national reputation for its long-running "Egg Rolls & Jazz" programming, live music, and blues and jazz performances.

This is a compelling opportunity for a restaurateur, hospitality operator, entertainment entrepreneur, owner-user or investor to acquire a highly recognizable downtown property together with restaurant infrastructure and significant repositioning upside.