Conventional Restaurant

Smithfield, RI Conventional Restaurants for Sale

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Johnston, RI Glocester, RI North Scituate, RI Providence, RI North Providence, RI Lincoln, RI Pawtucket, RI Cranston, RI
Renovated Restaurant and Bar
Updated: Mar 12, 2025
Renovated Restaurant and Bar

294 Waterman Avenue, Smithfield, RI 02917

$699,000
3,608 sqft 0.41 AC lot
3,608 square feet on 0.41 acres
Restaurant and bar improvements with renovated interior
New roof and siding
R20 zoning with food‑and‑beverage use restriction
Prior approval for outdoor dining
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Full Service Restaurant with Outdoor Stage
Updated: Jun 16
Full Service Restaurant with Outdoor Stage

325 Farnum Pike, Smithfield, RI 02917

Contact for pricing
6,546 sqft
Full‑service restaurant with existing business revenues approaching $1.5M
6,546' restaurant space
Approximately 300 parking spaces
Fully sprinklered for fire safety compliance
May–September outdoor summer events including league volleyball, swimming pool, and outdoor live stage
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Restaurant Condo with Equipped Kitchen
Restaurant Condo with Equipped Kitchen

A-150 Chestnut St, Providence, RI 02904

$725,000
3,580 sqft

First-floor space includes commercial kitchen equipment, walk-in refrigeration, a bar, and multiple seating areas.

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Restaurant with Outdoor Seating
Restaurant with Outdoor Seating

2839 Hartford Avenue, Johnston, RI 02919

$795,000

An equipped kitchen, 20 parking spaces, and current permits are in place for restaurant use.

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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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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 2 conventional restaurants for sale in Smithfield, RI on our real estate platform. These investment opportunities span a total of 10,154 square feet of properties for sale, with an estimated market value of $699,000.

Sale prices for conventional restaurants in Smithfield, RI average $699,000 — 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

Bars & Pubs 3
Conventional restaurants 3

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 $1.5M

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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