Conventional Restaurant

Narragansett, RI Conventional Restaurants for Sale

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Mixed-Use Coastal Property For Sale
Updated: Mar 17
Mixed-Use Coastal Property For Sale

1 Angell Road, Narragansett, RI 02882

$5,995,000
0.30 AC lot
1963‑built mixed‑use coastal property positioned directly across from Scarborough State Beach
Ocean views and high seasonal foot traffic from an across‑the‑street beach location
Two recently renovated, high‑performing Airbnb units for short‑term rental income
Six‑bedroom apartment plus two additional fully leased on‑site restaurant concepts
Two additional retail spaces included; some commercial space identified as vacant in the listing remarks
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Hotel Restaurant and Bar Space
Updated: Jul 13, 2025
Hotel Restaurant and Bar Space

1208 Ocean Road, Narragansett, RI 02882

Contact for pricing
Restaurant space built in 2017, currently operating as Chair 5 Bistro inside The Break Hotel in Narragansett
Two commercial kitchens with prep area, dry storage, and walk‑in cooler and freezer
Rooftop bar plus indoor dining, bistro dining and bar, and poolside dining areas
100 seats and includes a full liquor license
Includes dumbwaiter; could sell the business or just the space
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Narragansett, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pizza Restaurant with Outdoor Patio
Pizza Restaurant with Outdoor Patio

125 Main Street, Westerly, RI 02891

$235,000
1,500 sqft 2.26 AC lot

For sale pizza restaurant with a ready-to-use setup and an outdoor patio for seasonal dining.

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Coastal Corner Redevelopment Site
Coastal Corner Redevelopment Site

148 Atlantic Avenue, Westerly, RI 02891

$2,900,000
0.73 AC lot

Redevelopment parcel with 80+ parking spaces, a 4,000+ sf structure, and ocean-adjacent visibility for hospitality or entertainment concepts.

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Thriving Restaurant Near Portsmouth Beaches
Thriving Restaurant Near Portsmouth Beaches

501 Park Avenue, Portsmouth, RI 02871

$849,900
1,449 sqft

Well-established restaurant with loyal customer base near Portsmouth beaches.

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Restaurant Near Portsmouth Beaches
Restaurant Near Portsmouth Beaches

501 Park Ave, Portsmouth, RI 02871

$999,900
1,449 sqft

Thriving restaurant with dining room, bar, and patio.

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Narragansett, RI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Narragansett, RI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,995,000.

Sale prices for conventional restaurants in Narragansett, RI start at $0.00, averaging $2,997,500, and reaching up to $5,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 36K
Population Growth (5Y) +1.7%
Median Household Income $108,536
College Educated 89.2%

Taxes & Financing

Tax Rate (average for all types) 1.20%
Property Tax per SF $12.55 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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