209 Main St, Ashaway, RI 02804
This exceptional 3,300 square foot restaurant, located at 209 Main Street in Hopkinton, RI, presents a truly turnkey opportunity for a discerning buyer. Situated on a 0.6-acre lot just one mile from Route 95 and directly on highly trafficked Route 3, this property enjoys exceptional visibility and accessibility. The recent, complete renovation encompasses the entire building, from the basement to the exterior, resulting in a stunning, modern space equipped with high-end fixtures and brand-new kitchen equipment. The restaurant boasts seating for approximately 88 patrons and ample parking in the rear. A charming bar area provides a cozy gathering spot, while the existing service window on the side of the building offers significant potential for outdoor seating. The property features a recently replaced septic system and well. A brand-new Generac standby generator is also available for negotiation, ensuring uninterrupted operation. This meticulously renovated restaurant is ready for immediate operation, ideally suited for a farm-to-table concept, a coffee shop, or any hospitality venture. The owner is open to exploring lease-to-own options or owner financing with suitable credit and backing. This is a rare opportunity to acquire a beautiful, fully equipped restaurant in a prime location with high traffic volume. The asking price is $1,350,000.
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Windshield Brothers Auto Repair Shop (Bike/Boat/Book/etc) Store
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Brick Oven Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CS · Ashaway, RIAshaway. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.