Turnkey Pizza Restaurant with
207 S Main Street East Greenwich, RI 02818
207 S Main Street, East Greenwich, RI, 02818
$100,000
For Sale
$100,000
Fully equipped pizza shop includes a walk-in cooler and hood with Ansul fire suppression, set up for quick service.
Property Size900 SF
Price / SF$111.11
Days on Market148
Property Features for 207 S Main Street
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
J. Christopher Real Estate Grp
Listed by
The Jarrod Lewis Group
(401) 619-8222
Source
Teridegnan
Added: Feb 24 Updated: Jul 21 at 3:59PM Checked: Jul 22 at 7:21AM
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 J. Christopher Real Estate Grp
Investment Insights
Based on property information with market context.
This fully built-out, turnkey pizza shop is available for sale with the core restaurant kitchen infrastructure already in place. The layout is designed for efficient takeout and delivery operations, supported by a walk-in cooler, a 12-foot hood system with Ansul fire suppression, and major pizza equipment including a 60-quart dough mixer and double-stack Bakers Pride pizza oven. Additional kitchen components include pizza prep units, fryers, and stainless steel work tables. Seating is limited for approximately 8–10 guests.
The property is located on S Main Street in East Greenwich, along the Main Street corridor, with visibility and ongoing foot and vehicle activity described in the remarks.
At approximately 900 square feet, this restaurant setup is intended to allow an immediate start without the need to complete a full buildout.
The property is located on S Main Street in East Greenwich, along the Main Street corridor, with visibility and ongoing foot and vehicle activity described in the remarks.
At approximately 900 square feet, this restaurant setup is intended to allow an immediate start without the need to complete a full buildout.
Key Highlights
- Fully built‑out pizza shop with a complete restaurant setup, ready for immediate operation
- Approx. 900 SF space designed for takeout, delivery, or fast‑casual with limited seating for 8–10
- Kitchen equipment includes walk‑in cooler, 12‑foot hood system with Ansul fire suppression, and pizza prep units
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.3k | $6.96 |
| − Vacancy | −$282 | −$0.31 |
| EGI | $6.0k | $6.65 |
| − OpEx | −$1.8k | −$1.99 |
| NOI | $4.2k | $4.65 |
900 SF · lease $6.96/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$225.4K
$197.2K – $263.0K
NOI $15,779 @ 7.0% cap · market cap 15.78%
Second Best
Industrial
$59.8K
$52.3K – $69.8K
NOI $4,187 @ 7.0% cap · market cap 4.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully equipped pizza shop includes a walk-in cooler and hood with Ansul fire suppression, set up for quick service.
Where is this conventional restaurant located?
The property is located at 207 S Main Street East Greenwich, RI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fully built‑out pizza shop with a complete restaurant setup, ready for immediate operation; Approx. 900 SF space designed for takeout, delivery, or fast‑casual with limited seating for 8–10; Kitchen equipment includes walk‑in cooler, 12‑foot hood system with Ansul fire suppression, and pizza prep units
