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501 Park Avenue

Portsmouth, RI 02871
  • $1,200,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 1366544
UPDATED: 51 min ago
$1,200,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,449
    SQFT
  • $828
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

This thriving restaurant, situated in a highly desirable location near Portsmouth Beaches, boasts a dining room with over 50 seats, a full bar, and a spacious outdoor patio with seating for 30+. Just a short drive from Route 24, this year-round establishment enjoys a loyal customer base and solid financials. There's ample opportunity to expand both operating hours and the menu, making it an attractive prospect for growth.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-04T09:37:41.91.
www.krekorianteam.com/homes/153803215
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501 Park Avenue Portsmouth, RI 02871

  • Price: $1,200,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 51 min ago
  • MLS #: 1366544
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1,449
SQFT
$828
$/SQFT
1950
Built
County:
Newport
Area:
Portsmouth
Property Description
This thriving restaurant, situated in a highly desirable location near Portsmouth Beaches, boasts a dining room with over 50 seats, a full bar, and a spacious outdoor patio with seating for 30+. Just a short drive from Route 24, this year-round establishment enjoys a loyal customer base and solid financials. There's ample opportunity to expand both operating hours and the menu, making it an attractive prospect for growth.
Exterior Features

Construction Materials Frame Foundation Details Concrete Perimeter Parking Total 24

Property Features

Business Type Restaurant Community Features Marina Shopping Electric 100 Amp Service Circuit Breakers Human Modified YN No Land Lease YN No New Construction YN No Property Sub Type Commercial Road Frontage Type City Street Sewer Septic Tank Tax Annual Amount 2665 Tax Assessed Value 286800 Tax Lot 160 162 Tax Year 2024 Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Broadway Real Estate Group: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-04T09:37:41.91.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882