501 Park Ave - Restaurant FOR SALE


Portsmouth, RI 02871
$1,200,000 USD
401-255-5530
501 Park Ave, Portsmouth, RI for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

501 Park Ave
Portsmouth, RI 02871


HIGHLIGHTS

  • Near Portsmouth beaches
  • Short drive from route 24
  • Financials available to qualified buyers

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$828 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Graziano's 501 Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

C

APN/PARCEL ID

21 162,PORT-000021-000000-000160

ASK ABOUT THIS PROPERTY

Doug JeffreyBroadway Real Estate GroupMore Info
401-255-5530

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Doug JeffreyBroadway Real Estate GroupMore Info
401-255-5530

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