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    382 Thames St Bristol, RI 02809

    For Sale
    $1,995,000

    COMMERCIAL - Bristol, RI

    Lot size:
    0.33 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 382 Thames St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    W
    Parking
    10
    Interior features
    Ceiling Height (9 to 12 Ft)
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    3
    Building materials
    Masonry

    Keller Williams Realty of Newport / East Bay / North Kingstown (401) 845-9200 [email protected]

    Listing agent The Chris Woodard Team (401) 640-3481

    Listing date Sep 13, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Commercial Building in Bristol

    This free-standing commercial building is located in the Waterfront District of Bristol, Rhode Island. The property features three separate units. Two units are occupied by independent restaurants with long-term NNN leases. The third unit is a warehouse-type space with over 2,500 square feet, currently occupied by the owner and to be listed for lease. The building has separate utilities and off-street parking. It offers easy access by car, bike, or foot. The property has over 115 feet of frontage and is located directly across from Bristol Harbor, 80 high-end condominiums, the East Bay bike path, and Independence Park. It is also within walking distance of the Bristol Harbor Inn Hotel and Event Center and other attractions in downtown Bristol. The property is zoned W. The 0.332-acre lot presents possibilities for various uses, including potential condo conversion or additions. New legislation may allow for additional residential units with water views of Bristol Harbor. The property is located at 382 Thames Street, Bristol, RI 02809.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pisco&tequila Restaurant Tong Phoon Restaurant Thai Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coastal Catering, Rhode Rage Food Truck, Leo's Ristorante

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.278363
    Latitude
    41.6723

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    FAQs

    What type of property is this?
    Restaurant - Three-unit commercial building with restaurant tenants and warehouse space.
    Where is this restaurant located?
    The property is located at 382 Thames St Bristol, RI.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime Waterfront District location directly across from Bristol Harbor; - Free-standing building with three separate units and separate utilities; - Two units are currently leased to independent restaurants with long-term NNN leases, providing immediate income
    (401) 640-3481
    Request Owner's contact information
    382 Thames St Bristol, RI 02809
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    Bristol, RI 02809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    382 Thames St Bristol, RI 02809
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