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    Richmond, RI
    Conventional Restaurant

    Richmond, RI Conventional Restaurants for Sale

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    Hope Valley, RI Exeter, RI Voluntown, CT South Kingstown, RI West Greenwich, RI Westerly, RI North Stonington, CT Charlestown, RI
    Chinese Restaurant with Full Liquor License
    Updated: Jul 12
    Chinese Restaurant with Full Liquor License

    1172 Main Street, Richmond, RI 02898

    $1,350,000
    5,400 sqft 1.30 AC lot
    5,400 SF restaurant built in 2009 with high ceilings and an open, well‑lit layout
    Seats 154 customers and includes a full liquor license
    On a 1.3‑acre lot with potential for a drive‑thru
    Conveniently located off Exit #7 on Rt. 95 and Rt. 138
    Room for outdoor seating and potential for other commercial or residential development
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    This listing looks promising.

    Here's a quick look at some key insights for

    1172 Main Street, Richmond, RI 02898

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $70K
      Annual

    • Price @ 7% Cap

      $998K
      Suggested

    • Last Sold

      Jul 2008
      $290K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 2009
    View Property Analytics
    Chinese Restaurant Building
    Updated: Jul 12
    Chinese Restaurant Building

    1172 Main Street, Richmond, RI 02898

    $1,350,000
    1.30 AC lot
    5400 SF restaurant building with seating for 154 guests
    1.3‑acre site in Richmond, Rhode Island
    Constructed in 2009 with brick and frame materials
    Full liquor license included
    Located off Exit #7 on Rt. 95 and near Route 138
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, 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.

    Conventional Restaurant with Outdoor Patio
    Conventional Restaurant with Outdoor Patio

    125 Main Street, Westerly, RI 02891

    $235,000
    1,500 sqft 2.26 AC lot

    Established pizza restaurant with on-site equipment, inventory, and seasonal outdoor dining area.

    View details
    Mixed-Use Property with Tavern Building
    Mixed-Use Property with Tavern Building

    5153 Old Post Road, Charlestown, RI 02813

    $1,950,000
    2,688 sqft 2.71 AC lot

    The property combines commercial space, a yoga studio tenant, and a four-unit apartment component.

    View details
    Historic Four-Unit Quadplex
    Historic Four-Unit Quadplex

    5153 Old Post Road, Charlestown, RI 02813

    $1,950,000
    2,688 sqft 2.71 AC lot

    Separate legal apartment building with seven bedrooms and an established yoga studio tenant.

    View details
    Pizza Restaurant with Patio
    Pizza Restaurant with Patio

    125 Main Street, Westerly, RI 02891

    $235,000

    Well-established pizza business includes inventory and equipment, plus an outdoor patio for seasonal dining.

    View details

    Richmond, RI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Richmond, RI on our real estate platform. These investment opportunities span a total of 5,400 square feet of properties for sale, with an estimated market value of $2,700,000.

    Sale prices for conventional restaurants in Richmond, RI average $1,350,000 — 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 2
    Commercial kitchens 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -14.6%
    Median Household Income $122,142
    College Educated 61.6%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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