
Description
If you've dreamed of owning your own restaurant with a steady stream of income this maybe your opportunity. Landmark, building erected in the 1930's By Scholes, a local business merchant and developer. In 1939 it became the home to Adams Drug Store a staple to the neighborhood until its sale in the mid 1980's. This property has always supported the community and now you can own this major piece of history. In 2019 the property under when the start of a major rehabilitation. Transforming a deteriorating landmark. Into a thriving venue for all to enjoy. Opening its doors in July of 2021, with a seating capacity for 160 guest makes this one of the largest venues in the neighborhood. A place to meet locals and from other communities, for food, drink and entertainment. Host a private event or become a frequent guest. Phase 1 is complete. Now it's up to you for phase 2. The second level consists of 4600 square feet of open space. with 3 overside bonnet style skylights. The vision for this space consists of 4-6 residential units. Still in the plan development period there remains time for your input. Besides this landmark building an additional land which fronts on Dexter and Earle Street. Comprised of 6800 square of fresh pavement provides 18 parking spaces. Upon the completion a 12-year tax incentive has been granted by the City of Central Falls.
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0BEDS
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3.1ACRES
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0BATHS
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01/2 BATHS
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9,200SQFT
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$174$/SQFT
School Ratings & Info
Description
If you've dreamed of owning your own restaurant with a steady stream of income this maybe your opportunity. Landmark, building erected in the 1930's By Scholes, a local business merchant and developer. In 1939 it became the home to Adams Drug Store a staple to the neighborhood until its sale in the mid 1980's. This property has always supported the community and now you can own this major piece of history. In 2019 the property under when the start of a major rehabilitation. Transforming a deteriorating landmark. Into a thriving venue for all to enjoy. Opening its doors in July of 2021, with a seating capacity for 160 guest makes this one of the largest venues in the neighborhood. A place to meet locals and from other communities, for food, drink and entertainment. Host a private event or become a frequent guest. Phase 1 is complete. Now it's up to you for phase 2. The second level consists of 4600 square feet of open space. with 3 overside bonnet style skylights. The vision for this space consists of 4-6 residential units. Still in the plan development period there remains time for your input. Besides this landmark building an additional land which fronts on Dexter and Earle Street. Comprised of 6800 square of fresh pavement provides 18 parking spaces. Upon the completion a 12-year tax incentive has been granted by the City of Central Falls.
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