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249-253 Allens Ave
7,000 SF of Retail Space Available in Providence, RI 02905
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Turnkey "Adult Entertainment" facility for lease; former clubs, "Cheaters", "Silhouettes", centrally located on Allens Avenue in Providence, with immediate access from Interstates I-95 and I-195; 2 level total 7000+ SF ,plus 3500sf basement, with 2am liquor and adult entertainment licenses , state of the art sound, lighting, security systems; full kitchen, 300+ occupancy capacity, secure onsite parking 200+vehicles; can be utilized as 2 venues with each level separate entry/exit. Qualified proposals regarding deposit, lease rates, other terms, will be considered.
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 249-253 Allens Ave , Providence, RI 02905
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Bar | Parking Ratio | 14.08/1,000 SF |
| Gross Leasable Area | 10,657 SF | Cross Streets | Bay St |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 10,657 SF |
| Year Built | 1950 |
| Parking Ratio | 14.08/1,000 SF |
| Cross Streets | Bay St |
About the Property
Extremely rare opportunity! Turnkey "Adult Entertainment" facility FOR LEASE; centrally located on Allens Avenue in Providence, with immediate access from Interstate I-95 and I-195; former clubs "Cheaters" and "Silhouettes"- 2 Level total 7000+SF , plus 3500SF basement; suitable for 2 different venues as each level has independent entries /exits; licenses in place for Liquor and Adult Entertainment with 2am weekend closing time; equipped with full kitchen, "state of the art" sound, lighting, security systems; premises with all furniture and fixtures in place; occupancy 300+; on site secured parking 150+ vehicles; Qualified proposals regarding lease terms, deposit, and monthly rent will be considered.
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
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249-253 Allens Ave
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