198 Thames St - Restaurant FOR SALE


Bristol, RI 02809
$3,995,000 USD
401-474-5669
198 Thames St, Bristol, RI for Sale
$3,995,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

NEW


198 Thames St
Bristol, RI 02809


HIGHLIGHTS

  • Premier Restaurant in the Heart of Bristol
  • Three Distinctive Buildings Including 2 Apartments
  • Coastal Views

OVERVIEW

Welcome to a premier commercial opportunity in the heart of picturesque Bristol, steps away from the waterfront. This unique property promises limitless potential with three distinctive buildings sprawled across a prime location. The centerpiece is an already thriving bar and restaurant, renowned for its vibrant atmosphere and excellent cuisine. The establishment boasts a spacious, newly expanded and rebuilt outdoor patio, perfect for alfresco dining and lively gatherings, set against a backdrop of charming coastal views. Adjacent to the restaurant, discover a vast warehouse space offering a blank canvas for your creative or industrial pursuits. With high ceilings and expansive square footage, the possibilities are endless—envision new condos, brewery, or car storage in the future. Additionally, the property includes two apartments, providing convenient on-site living or rental income opportunities. A large 3 bedroom unit has been completely redone and offers modern amenities and cozy living spaces, enhancing the property's overall appeal. The other 2 bedroom apartment needs updating. Fronting scenic Thames Street, one of the buildings has been completely gutted, offering a fresh start for your visionary business concept. This building is ready for your custom design and finishes, allowing you to shape your ideal retail, office, or boutique space in a high-traffic area. There have been restaurant plans and architectural drawings completed. Also includes 198 Thames Street.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$809 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,805 SF

ZONING

W

APN/PARCEL ID

BRIS-000010-000000-000019

ASK ABOUT THIS PROPERTY

Chad KritzasCall Chad Inc.More Info
401-474-5669

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Chad KritzasCall Chad Inc.More Info
401-474-5669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.