41.376717 -71.48194
$4,500,000
Active
61,463Lot Size
Commercial/Business in Narragansett
400 seat Landmark Restaurant with Real Estate in South County Rhode Island. This business has provided legions of loyal patrons an exceptional dining experience for over 30 years. The owners are considering retiring and handing over this seasoned operation to an individual or group, that will appreciate a business model designed to maximize profits while providing scores of raving fans with some of the best cuisine in New England. This opportunity includes the real estate which may provide a unique development opportunity to construct six single family homes in a coastal setting with ocean views.
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Main Features

  • Listing Status: Active
  • Year Built: 1966
  • County: Washington
  • Taxes: $26,871.00
  • Zoning: R10
  • Subdivision: Point Judith
  • MLS Number:1327652

Additional Features

  • Zoning:
    • R10
  • Cooling:
    • Central Air
  • Building Description:
    • Frame
  • Building Features:
    • Laundry Room
    • Restrooms
    • Security
  • Loading Dock:
    • 9-11 Ft
  • Location:
    • Suburban
  • Occupied By:
    • Owner
  • Seating Capacity:
    • 400
  • Type:
    • Restaurant
  • Basement Details:
    • None
  • Foundation:
    • Slab
  • Acres:
    • 1.41
  • Close To:
    • Bus
    • Commuter Bus
    • Golf
    • Highway Access
    • Hospital
    • Interstate
    • Marina
    • Private School
    • Public School
    • Railroad
    • Recreational Facilities
    • Schools
    • Shopping
    • Swimming
    • Tennis
  • Electric:
    • 400 Amps
  • Sewer:
    • Connected
  • Utilities:
    • Gas Connected
  • Community Features:
    • Restaurant(s)
  • Number of Buildings:
    • 1
  • Road:
    • Blacktop
  • Water:
    • Connected
  • Franchise:
    • N
  • Above Grade SQFT:
    • 0
  • Anchors Co Tenants:
    • Spain Restaurant
  • Building Levels:
    • 2
  • Divisable:
    • Y
  • Freestanding:
    • Y
  • Lot Size Sq Ft:
    • 61463
  • Use Type:
    • Food Service
  • Years Current Owner:
    • 30

Compensation Info

  • * Compensation Comments:
    • Cooperating broker commission based on net sale price, which includes any seller concessions and closing cost credits.
  • * Compensation to Cooperating Broker:
    • 1.5NS
  • *Offer of Cooperative Compensation is made only to licensed brokers who are Participants in State-Wide MLS.
501 Centerville Rd- Suite 201 Warwick RI 02886
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