For sale
Conventional restaurants
RI
Portsmouth
02871
501 Park Avenue

Thriving Restaurant Near Portsmouth Beaches

501 Park Avenue, Portsmouth, RI 02871

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For Sale

$849,900

Well-established restaurant with loyal customer base and growth potential.

Type:Commercial

HighLights

Prime location near Portsmouth Beaches attracting year‑round customers.
Well‑established restaurant with a loyal customer base and strong financial performance.
Inviting dining room with seating for 50+ guests.
Spacious outdoor patio with seating for 30+.
Full‑service bar.
Minutes from Route 24 providing easy access.

We can help!

Listing Contact

Doug Jeffrey

Learn more

For Sale

$849,900

Well-established restaurant with loyal customer base and growth potential.

Type:Commercial

Added:: Aug 19, 2024
Days on Market:: 663
Last Refresh:: Apr 25 at 6:32 am

Property Features for 501 Park Avenue

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1950

We can help!

Listing Contact

Doug Jeffrey

Listing agent Doug Jeffrey

Listing office Broadway Real Estate Group

Listing date Aug 19, 2024

Source Liongatere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Broadway Real Estate Group

HighLights

Prime location near Portsmouth Beaches attracting year‑round customers.
Well‑established restaurant with a loyal customer base and strong financial performance.
Inviting dining room with seating for 50+ guests.
Spacious outdoor patio with seating for 30+.
Full‑service bar.
Minutes from Route 24 providing easy access.

Overview

This thriving restaurant is located near the popular Portsmouth Beaches, attracting locals and visitors year-round. The dining room accommodates over 50 guests and includes a full-service bar. A spacious outdoor patio provides seating for 30 or more. The restaurant is located minutes from Route 24. This well-established venue boasts a loyal customer base and strong financial performance. There is potential to expand operating hours and diversify the menu, presenting an opportunity for growth and increased revenue.

Location Intelligence

Current Use by Public Records

Graziano's 501 Café Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Portsmouth
County: Newport
State: Rhode Island
Longitude: -71.2271257
Latitude: 41.6233532

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For sale
Conventional restaurants
RI
Portsmouth
02871
501 Park Avenue

What type of property is this?

Conventional restaurant - Well-established restaurant with loyal customer base and growth potential.

Where is this conventional restaurant located?

The property is located at 501 Park Avenue Portsmouth, RI.

What is the asking price?

The asking price for this property is $849,900.

What are key features of this property?

This property features: Prime location near Portsmouth Beaches attracting year‑round customers.; Well‑established restaurant with a loyal customer base and strong financial performance.; Inviting dining room with seating for 50+ guests.