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For Sale

Wes' Rib House - Turnkey Restaurant and Property for Sale

38 Dike Street,
Providence, RI 02909

Asset Snapshot

1900
Year Built
2012
Year Renovated
3
Floor Count

Offering Summary

Investment Overview

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.


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

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,995,000
Asking Price