28 Water Street, East Providence, RI 02914

$2,850,000
List Price
$2,850,000
MLS#
RIS-1270504
Status
ACTIVE
Type
Commercial
City
East Providence
County
Providence
Year Built
1845

Property Description

Al's WATERFRONT Restaurant & Marina next to Washington Bridge (I-195), East Bay Bike Path where Seekonk River flows in Providence Harbor. Scenic Views of Indian Point Park Bridge, Bold Point, Fox Point & Beyond to the serene Providence Skyline. This Robust East Providence Waterfront District boasts a Long Term Commitment to sustainability for Commercial & Residential Development. BOLD POINT HARBOR -BPH Zoning provides: Mixed-use high density area of Commercial, Office, Retail & High Density Multi-family residential uses. Hospitality uses including hotels & lodging, cafes, restaurants, bars & entertainment venues are also encouraged. Marinas, with limited support services & water-transit related services are also permitted. This updated Waterfront 12,000 Sq.Ft. 2-unit building currently offers 1st floor Full Kitchen & Bar Service. 2nd Level is designed as full banquet facility. 3rd level may be utilized for office space or owner's condo living. 4th level attic beams cathedral. Updated 72 slip Marina w/new pump out facility to be built for an enduring active Marina on 1.12 Acres w/56 Off street Parking spaces. Possible yearround Dockominium conversion project. Very easy highway access to Boston, Cape Cod via Route 195 E/W to Route 95 N/S . . .Easy Show.

Additional Information

Cooling
Ductless, Central Air
Basement
None

Mortgage Calculator

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