Waterfront Restaurant With Full
For Sale
$2,400,000
15 Point Road, Portsmouth, RI 02871
Turnkey, free-standing waterfront restaurant with indoor and outdoor dining plus a full bar and on-site parking.
Days on Market52
Property Features for 15 Point Road
General Information
Standard status
Active
Property subtype
Commercial
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1940
Stories
2
Listing Agency:
Gustave White Sotheby's Realty
(401) 862-0164
Listed By:
Mike Sweeney
(401) 862-0164
Source:
Liongatere
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 30 at 12:15PM
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 Gustave White Sotheby's Realty
Investment Insights
Based on property information with market context.
This free-standing waterfront restaurant is being offered as a turnkey operation, including FF&E such as fixtures, furnishings, and equipment. The layout includes two indoor dining rooms, with one located on the lower level and another on the upper level. The upper-level dining area features water views, and the property also provides outdoor dining with an outdoor bar overlooking the water. A full bar supports both indoor and outdoor service.
The property is located at 15 Point Road in Portsmouth, RI, with convenient on-site parking. It is positioned for a waterfront dining experience with outdoor space designed for patrons who want views and atmosphere while dining.
For buyers looking for an operator-ready food and beverage asset, the current configuration supports multiple dining settings across levels and seasons, with both indoor and outdoor bar service. Being sold turnkey with FF&E can help streamline the transition to new ownership, while the on-site parking supports customer access for day-to-day operations.
The property is located at 15 Point Road in Portsmouth, RI, with convenient on-site parking. It is positioned for a waterfront dining experience with outdoor space designed for patrons who want views and atmosphere while dining.
For buyers looking for an operator-ready food and beverage asset, the current configuration supports multiple dining settings across levels and seasons, with both indoor and outdoor bar service. Being sold turnkey with FF&E can help streamline the transition to new ownership, while the on-site parking supports customer access for day-to-day operations.
Key Highlights
- Free‑standing waterfront restaurant in Portsmouth, RI
- Year built: 1940
- Includes full bar plus indoor dining on lower and upper levels
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
4,910 visits/mo
0.4 miles
Demographics for 02871, RI
17,640
Population
8,044
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
96%
High-School Grad
17.1 sq mi
ZIP Area
1,032
Density / Sq Mi
$119,135
Median Household Income
$56,615
Median Earnings
$1,577
Median Rent
$539,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey, free-standing waterfront restaurant with indoor and outdoor dining plus a full bar and on-site parking.
Where is this conventional restaurant located?
The property is located at 15 Point Road Portsmouth, RI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Free‑standing waterfront restaurant in Portsmouth, RI; Year built: 1940; Includes full bar plus indoor dining on lower and upper levels
