Conventional Restaurant

Smithfield, RI Conventional Restaurants for Sale

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Asian Fusion Restaurant with Open Kitchen
Updated: Jun 12
Asian Fusion Restaurant with Open Kitchen

970 Douglas Pike, Smithfield, RI 02917

$260,000
3,000 sqft 3.00 AC lot
~3,000 SF Asian fusion restaurant in a popular open strip center in Smithfield, RI
Open kitchen concept plus seating for 20 outdoor, 30 indoor, and 15 at the bar
Full liquor license included; business and equipment for sale at $260,000
Monthly rent is $6,500 with a flexible 5–10 year lease term and 5‑year options
Located near Bryant University at a busy intersection where Rt. 116 and 7 meet; strip center anchors include Dunkin Donuts, 401 Fitness, and Condesa
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Full Service Restaurant and Entertainment Center
Updated: Jun 24
Full Service Restaurant and Entertainment Center

325 Farnum Pike, Smithfield, RI 02917

$2,300,000
6,546 sqft
6,546' full‑service restaurant operating May–September with outdoor summer events including league volleyball
Fully sprinklered restaurant and entertainment center with outdoor live stage and swimming pool
Ample on‑site parking for approximately 300 vehicles
Restaurant revenues approaching $1.5M (existing business)
Potential development opportunity for residential condos or apartments; architectural/engineered plans available
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Asian Fusion Restaurant with Open Kitchen
Asian Fusion Restaurant with Open Kitchen

970 Douglas Pike, Smithfield, RI 02917

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3,000 sqft

Operational restaurant with open kitchen, seating for 65, and a full liquor license in a busy strip center.

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Renovated Restaurant and Bar Opportunity
Renovated Restaurant and Bar Opportunity

294 Waterman Avenue, Smithfield, RI 02917

$699,000

Well-established, newly renovated restaurant and bar in a suburban setting.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Smithfield, 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.

Turnkey Hot Dog Restaurant Business
Turnkey Hot Dog Restaurant Business

39 Putnam Pike, Johnston, RI 02919

$99,000

Firehouse Hot Dogs is a fully equipped, operational business since 1989 with FF&E included.

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Turnkey Hot Dog Restaurant Business
Turnkey Hot Dog Restaurant Business

2000-39 Putnam Pike, Johnston, RI 02919

$58,000

Firehouse Hot Dogs has operated since 1989 and is offered turnkey with FF&E included for immediate ownership.

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Freestanding Restaurant for NNN Lease
Freestanding Restaurant for NNN Lease

633 Charles Street, Providence, RI 02904

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Freestanding restaurant property available on a triple net basis, with existing restaurant equipment potentially included as-is.

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Providence Restaurant Business Opportunity
Providence Restaurant Business Opportunity

834 Admiral Street, Providence, RI 02904

Contact for pricing

Thriving restaurant business and real estate for sale in Providence.

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Smithfield, RI Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Smithfield, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,546 square feet of properties for sale, with an estimated market value of $3,259,000.

Sale prices for conventional restaurants in Smithfield, RI start at $260,000, averaging $1,086,333, and reaching up to $2,300,000 — 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 7
Bars & Pubs 1
Coffee shops 1

Demographics Overview

Population 15K
Population Growth (5Y) +9.2%
Median Household Income $106,772
College Educated 54.3%

High-Yield Neighborhoods for Investment

Identify Smithfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02917 $594.3K

Taxes & Financing

Tax Rate (average for all types) 1.76%
Property Tax per SF $38.94 per SF
Tax Rate vs County Average 1.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

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