Cheryl Raymond - Andrew Abu Inc Realtors Logo
$98,000
( $63.89Per Sq Foot )
 $526 est/mo Sourced by Back At You

190 Atwells Avenue,Providence, RI 02903

Providence, RI 02903

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Description

Turnkey opportunity to own INSA Hookah Lounge & Bar, a well-established hookah lounge and bar located in a prime, high-visibility Providence location. Established in December 2024, this stylish turnkey business includes a valuable liquor license, food service, and quality renovations throughout. Located on a prominent corner with excellent visibility and an estimated 12,000-18,000 vehicles passing daily, the lounge features a modern interior with dark finishes, accent lighting, new flooring, a custom bar, new tables and chairs, and seating for up to 100 guests. The sale includes all furniture, fixtures, equipment, inventory, liquor inventory on hand at closing, the website, and social media accounts. All equipment is owned and conveys with the sale. The lounge offers a functional kitchen (no hood), ductless A/C, 200-amp electrical service, POS system, security system, two restrooms, including a private employee restroom, and renovated basement space for storage and operations. The business operates under a favorable lease with approximately three years remaining, and the landlord is flexible regarding future lease terms. A rare opportunity to own a fully equipped, turnkey hospitality business with outstanding visibility and room for continued growth.

Details

MLS #1421691
Listing TypeFor Sale
Building NameINSA Lounge
Sub-TypeResale
StatusActive
Year1900
Days On Site38
Listing Provided ByKeller Williams Leading Edge | Dawn Marano

Features

SQ Feet1,534
BasementY
Units1
Building(s)1
Zoning04-05U
Acreage0.04

Interior

CoolingDuctless, Heat Pump
Cooling Yes / NoYes
Interior FeaturesCeiling Height (7 to 9 Ft)

Exterior

Lot FeaturesFree Standing
Construction MaterialsBrick

Utilities

UtilitiesSewer Connected
SewerIn Fee, Public
Electric200+ Amp Service

Taxes

Tax Annual Amount3600
Tax Lot162
Tax Year2025

Area Information

StateRI
CountyProvidence
CityProvidence
Zip Code02903
AreaProvidence
Community NameFederal Hill
Listing VS Median (in Federal Hill)
Price:
$98,000
low | high
Med:
$382,400
100% of Average
sqft:
1,534
low | high
Med:
1,208
71.284224250326% of Average
$ / sqft:
$64
low | high
Med:
$317
100% of Average
On site:
38
low | high
Med:
20.5
100% of Average
Sourced by Back At You

Market Activity 02903

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The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Rhode Island Association of REALTORS®. All Rights Reserved.

Contact

Learn More About This Property

Cheryl Raymond

Cheryl Raymond

Andrew Abu Inc

9074195 (508) 246-9143cheryl@andrewabu.com
StateRI
CountyProvidence
CityProvidence
Zip Code02903
AreaProvidence
Community NameFederal Hill
Listing VS Median (in Federal Hill)
Price:
$98,000
low | high
Med:
$382,400
100% of Average
sqft:
1,534
low | high
Med:
1,208
71.284224250326% of Average
$ / sqft:
$64
low | high
Med:
$317
100% of Average
On site:
38
low | high
Med:
20.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:36:45 PM PDT