Portsmouth, RI 02871,501 Park AVE
Portsmouth, RI 02871,501 Park AVE
Portsmouth, RI 02871,501 Park AVE
Portsmouth, RI 02871,501 Park AVE
Portsmouth, RI 02871,501 Park AVE
Portsmouth, RI 02871,501 Park AVE
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$ 999,900
Est. payment | /mo

1,449 SqFt


$ 999,900
Est. payment | /mo

1,449 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,449 sqft

Price per Sqft $690

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

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, 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

Listed by Broadway Real Estate Group
Ryan Traynor

Helping real estate be fast, fun and stress-free!

+1(401) 659-6906

traynorrealestate@gmail.com

386 Market St, Warren, RI, 02885, USA

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501 Park AVE