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    501 High St South Kingstown, RI 02879

    For Sale
    $75,000

    Commercial,Business - South Kingstown, RI

    Days on Market:
    42
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 501 High St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    15
    Interior features
    Ceiling Height (9 To 12 Ft)
    Exterior features
    Paved, Sidewalks, Downtown, Free Standing

    Building Details

    Year built
    1900
    Building materials
    Frame
    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Jacquelyn Cinquegrana (855) 450-0442

    Listing date Oct 25, 2025

    MLS# 1398738 Listing URL

    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

    Turn-Key Restaurant and Bar

    This is an opportunity to own a fully equipped, turn-key restaurant and bar with local recognition. The sale includes all kitchen equipment, bar fixtures, furniture, and a full liquor license. A 5-year lease for the building is transferable. The property has been updated with a new heating system, central air, and a paved parking lot. This offering is suited for an experienced restaurateur or an entrepreneur looking to bring a new concept to a location in the South Kingstown community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flatts Smokehouse Barbecue Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Kingstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.500521
    Latitude
    41.45012

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant and bar with transferable lease in South Kingstown.
    Where is this turn key restaurant located?
    The property is located at 501 High St South Kingstown, RI.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Fully equipped, turn-key restaurant and bar.; - Transferable full liquor license.; - Transferable 5-year lease.
    (855) 450-0442
    Request Owner's contact information
    501 High St South Kingstown, RI 02879
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    South Kingstown, RI 02879
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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
    501 High St South Kingstown, RI 02879
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