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$ 849,900
Est. payment /mo
Active Under Contract
501 Park AVE Portsmouth, RI 02871
1,449 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,449 sqft
Price per Sqft $586
MLS Listing ID 1366544
HOA Y/N No
Abv Grd Liv Area 1,449
Year Built 1950
Annual Tax Amount $2,665
Tax Year 2024
Contingent Inspection Period
Lot Size 0.344 Acres
Property Sub-Type Commercial
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.
Location
State RI
County Newport
Exterior
Community Features Marina, Pool, Shopping
Total Parking Spaces 24
Building
Foundation Concrete Perimeter
Sewer Septic Tank
Water Connected
Structure Type Frame
New Construction No
Others
Tax ID 501PARKAVPORT
Virtual Tour https://tour.RiLiving.com/501-Park-AV-Portsmouth-RI-02871
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Listed by Broadway Real Estate Group