Coffee Roasting Facility
For Sale
$150,000
388 Church St, Wood River Junction, RI 02832
Established coffee roasting hub offering wholesale roasted bean and ground coffee, with easy showings available.
Property Size1,671 SF
Price / SF$89.77
Days on Market122
Property Features for 388 Church St
General Information
Standard status
Active
Size
1,671 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$2,215
Listing Agency:
Residential Properties Ltd.
(401) 783-2474
Listed By:
Patrick Murray · License #REB.0016731
(401) 965-4520
Source:
Exprealty
Added: Jun 7
Changed: Sep 10
Last Checked: Oct 5 at 8:41PM
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 Residential Properties Ltd.
Investment Insights
Based on property information with market context.
This business is the official home and roasting hub for Rhody Roasters Coffee at 388 Church Street in Wood River Junction. The operation has been supplying wholesale roasted bean or ground coffee for well over a decade, supporting independent coffee spots.
Public remarks indicate the business has provided product to independent locations including Fuel Coffee Bar in Narragansett. An “easy show” process is noted for prospective buyers.
The listing is presented as a for-sale business offering, with the property positioned around roasting and wholesale distribution of fresh, small-batch coffee.
Public remarks indicate the business has provided product to independent locations including Fuel Coffee Bar in Narragansett. An “easy show” process is noted for prospective buyers.
The listing is presented as a for-sale business offering, with the property positioned around roasting and wholesale distribution of fresh, small-batch coffee.
Key Highlights
- Business for sale at 388 Church Street in Wood River Junction
- Official home and roasting hub for Rhody Roasters Coffee
- Established coffee roasting operation supplying wholesale roasted bean or ground coffee
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,819
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,380
$156.4K
Cap Rate 7%
$111,700
$111.7K
Cap Rate 9%
$86,878
$86.9K
Market Conditions
NOI Build-Up for 1,671 SF
Gross rent
$11.7K $7.00/SF
− Vacancy
−$526 −$0.32/SF
EGI
$11.2K $6.69/SF
− OpEx
−$3.4K −$2.01/SF
NOI
$7.8K $4.68/SF
Area
Washington County, RI
Vacancy
4.50%
Lease Rate
$7.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,380
Cap Rate 7%
$111,700
Cap Rate 9%
$86,878
Alternative Uses
Best Use
Specialty Retail
$308.7K
$270.1K – $360.2K
NOI $21,611 @ 7.0% cap · market cap 14.41%
Second Best
Industrial
$111.7K
$97.7K – $130.3K
NOI $7,819 @ 7.0% cap · market cap 5.21%
Theoretical Best
Healthcare Medical
$333.9K
$292.1K – $389.5K
NOI $23,371 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 02832, RI
4,887
Population
2,170
Households
2.3
Avg Household Size
47
Median Age
36%
College-Educated
91%
High-School Grad
24.8 sq mi
ZIP Area
197
Density / Sq Mi
$101,225
Median Household Income
$46,394
Median Earnings
$1,114
Median Rent
$391,100
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
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Established coffee roasting hub offering wholesale roasted bean and ground coffee, with easy showings available.
Where is this commercial kitchen located?
The property is located at 388 Church St Wood River Junction, RI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Business for sale at 388 Church Street in Wood River Junction; Official home and roasting hub for Rhody Roasters Coffee; Established coffee roasting operation supplying wholesale roasted bean or ground coffee
