Restaurant with Banquet
For Sale
Contact for pricing
383 Metacom Ave, Bristol, RI 02809
Existing upscale dining property with multiple banquet rooms for large-scale events and restaurant operations.
Property Size23,000 SF
Lot Size1.21 Acres
Price / SF$141.30
Days on Market1108
Property Features for 383 Metacom Ave
General Information
Standard status
Active
Size
23,000 SF
Total Parking Spaces
100
Lot size
1.21 Acres
Property subtype
RETAIL
Additional Details
Seating Capacity
150
Listing Agency:
RE/MAX Preferred | North Providence
(401) 353-2200
Listed By:
Kenneth D Scotti · License #REB.0016785
(401) 255-2391
Source:
Moodyscre
Added: Oct 2, 2023
Changed: Oct 11
Last Checked: Oct 12 at 9:23PM
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 RE/MAX Preferred | North Providence
Investment Insights
Based on property information with market context.
This 23,000-square-foot restaurant property is currently used for upscale dining and includes seating capacity for 150 guests. Multiple banquet rooms provide capacity for up to 470, supporting a range of dining and event configurations. The property is set on a 1.21-acre parcel with 100 plus car parking.
Located in Bristol, the property is 2.4 miles from Roger Williams University and positioned within Rhode Island’s East Bay. The existing restaurant use can continue, or buyers may review conceptual architectural renderings for a mixed-use plan incorporating retail, commercial, and residential components.
An additional parcel with a two-family home on 2.66 acres is available separately and is not included in this listing.
Located in Bristol, the property is 2.4 miles from Roger Williams University and positioned within Rhode Island’s East Bay. The existing restaurant use can continue, or buyers may review conceptual architectural renderings for a mixed-use plan incorporating retail, commercial, and residential components.
An additional parcel with a two-family home on 2.66 acres is available separately and is not included in this listing.
Key Highlights
- 23,000 square feet on a 1.21‑acre parcel
- Current upscale dining restaurant with seating capacity of 150
- Multiple banquet rooms with capacity up to 470
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Cumberland Farms
Shops & Services
18,972 visits/mo
0.1 miles
Dunkin' Donuts
Dining
6,841 visits/mo
0.2 miles
SUBWAY
Dining
2,786 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
741 visits/mo
0.2 miles
Demographics for 02809, RI
22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing upscale dining property with multiple banquet rooms for large-scale events and restaurant operations.
Where is this conventional restaurant located?
The property is located at 383 Metacom Ave Bristol, RI.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 23,000 square feet on a 1.21‑acre parcel; Current upscale dining restaurant with seating capacity of 150; Multiple banquet rooms with capacity up to 470
