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East Greenwich Restaurant Opportunity
For Sale
$599,900

357 Main Street, East Greenwich, RI 02818

Turnkey restaurant for sale in East Greenwich, Rhode Island.

Days on Market147

Property Features for 357 Main Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Spinnaker Group Inc.
Listed By: Andrew Kushner · License #137997
Source: Liongatere
Added: Mar 9 Changed: Jul 10 Last Checked: Aug 1 at 11:49AM

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 Spinnaker Group Inc.

Investment Insights

Based on property information with market context.

The property for sale includes the building and business of Ed's Roost, an established restaurant. The current owner is retiring and offering a fully equipped, turnkey operation. The sale includes the business, fixtures, furniture, and equipment.

Key Highlights

  • Turnkey business opportunity.
  • Includes business and building.
  • Fully equipped with FF&E (Furniture, Fixtures, and Equipment).

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Auto Parts Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 33% Home Improvements & Furnishings 5% Office Supplies 4%
Dunkin' Donuts Dining
6,774 visits/mo 0.4 miles
Starbucks Dining
4,493 visits/mo 0.2 miles
Citizens Bank Shops & Services
3,052 visits/mo 0.4 miles
Shell Shops & Services
2,883 visits/mo 0.3 miles
Jersey Mike's Subs Dining
2,683 visits/mo 0.2 miles

Demographics for 02818, RI

19,907
Population
8,623
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
939
Density / Sq Mi
$120,952
Median Household Income
$72,985
Median Earnings
$1,384
Median Rent
$564,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Dante's Kitchen — 315 Main St, East Greenwich, RI 02818

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Turnkey restaurant for sale in East Greenwich, Rhode Island.
Where is this breakfast & diner located?
The property is located at 357 Main Street East Greenwich, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Turnkey business opportunity.; Includes business and building.; Fully equipped with FF&E (Furniture, Fixtures, and Equipment).
More about this property
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