$999,900

501 Park Avenue, Portsmouth, RI 02871

  • 1,449 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $690/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Located near the popular Portsmouth Beaches, this thriving restaurant enjoys a prime location that attracts both locals and visitors year-round. The inviting dining room accommodates over 50 guests, complemented by a full-service bar and a spacious outdoor patio with seating for 30+. Just minutes from Route 24, this well-established venue boasts a loyal customer base and strong financial performance. With potential to expand operating hours and diversify the menu, this restaurant presents a fantastic opportunity for growth and increased revenue.

Listing Status:
Active
Date Added:
August 19, 2024 at 05:00AM
Listing Office:
Broadway Real Estate Group : 401-354-7969
MLS ID:
1366544
  • Parking: Parking spaces: 24
  • General: Frame1Concrete Perimeter
  • Road/Access: City Street
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: 501PARKAVPORT
  • Utilities: 100 Amp ServiceCircuit Breakers
  • Water: Connected
  • Sewer: Septic Tank
  • Source: RIS_RIS
  • Ownership: LLC

This listing courtesy of Broadway Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hathaway Elementary School

53 Tallman Ave, Portsmouth, RI, 02871

Grades KG-4

1.01 miles away

P

Portsmouth Middle School

125 Jepson Ln, Portsmouth, RI, 02871

Grades 5-8

5.59 miles away

P

Portsmouth High School

120 Education Ln, Portsmouth, RI, 02871

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.