Coffee Roasting and Wholesale
388 Church Street Richmond, RI 02894
For Sale
$150,000
COMMERCIAL - Richmond, RI
Property Size1,671 SF
Lot Size1.20 Acres
Price / SF$89.77
Days on Market51
Property Features for 388 Church Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NB
Parking
12
Interior features
Ceiling Height (7 to 9 Ft)
Standard status
Active
Size
1,671 SF
Lot size
1.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2215
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Water source
Well, Private
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Building materials
Frame
Listing Agency:
Residential Properties Ltd.
(401) 783-2474
Listed By:
Patrick Murray · License #REB.0016731
(401) 965-4520
Added: Jun 7
Changed: Jul 23
Last Checked: Jul 27 at 9:06PM
MLS# 1414647
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A commercial coffee roasting and wholesale operation is being offered for sale at 388 Church Street in Wood River Junction, identified as the official home and roasting hub for Rhody Roasters Coffee. The property supports the production of fresh, small-batch roasted coffee sold as beans or ground product to independent coffee spots.
Public remarks note the operation has supplied wholesale roasted coffee to independent businesses, including Fuel Coffee Bar in Narragansett. The listing also indicates easy showings.
The property is zoned NB and includes approximately 1.2 acres and 1,671 square feet of space, per the provided information. The listing is presented as a business for sale tied directly to the roasting and wholesale coffee use described in the remarks.
Public remarks note the operation has supplied wholesale roasted coffee to independent businesses, including Fuel Coffee Bar in Narragansett. The listing also indicates easy showings.
The property is zoned NB and includes approximately 1.2 acres and 1,671 square feet of space, per the provided information. The listing is presented as a business for sale tied directly to the roasting and wholesale coffee use described in the remarks.
Key Highlights
- Ceiling height of 7 to 9 ft
- Built in 1950 with frame construction
- Forced‑air heating
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 | $11.7k | $7.00 |
| − Vacancy | −$526 | −$0.32 |
| EGI | $11.2k | $6.69 |
| − OpEx | −$3.4k | −$2.01 |
| NOI | $7.8k | $4.68 |
1,671 SF · lease $7.00/SF/yr · vacancy 4.50% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- The Food Truck — 388 carolina-alton rd, wood river junction, ri 02894
- Wood River Coffee Roasters — Richmond, RI 02894
Frequently Asked Questions
What type of property is this?
Coffee shop - For sale coffee roasting hub offering wholesale roasted bean and ground coffee, with NB zoning.
Where is this coffee shop located?
The property is located at 388 Church Street Richmond, 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: Ceiling height of 7 to 9 ft; Built in 1950 with frame construction; Forced‑air heating
