501 Park Ave Portsmouth, RI 02871

Building Details

Year Built

1950

Listing office Broadway Real Estate Group D***@BroadwayReg.com Show Phone

Listing date Aug 20, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This restaurant is located in close proximity to Portsmouth Beaches. The dining room has a capacity of over 50 seats, complemented by a full bar. An outdoor patio provides additional seating for 30 or more patrons. Situated a short distance from Route 24, the establishment benefits from year-round operation, a consistent customer base, and stable financial performance. There is potential to extend operating hours and broaden the menu.

Key Highlights

• Highly desirable location near Portsmouth Beaches
• Established restaurant with loyal customer base and solid financials
• Dining room with over 50 seats, full bar, and spacious outdoor patio (30+ seats)

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FAQs

What type of property is this?

Conventional restaurant - Thriving restaurant with dining room, bar, and patio.

Where is this conventional restaurant located?

The property is located at 501 Park Ave Portsmouth, RI.

What is the asking price?

The asking price for this property is $999,900.

What are key features of this property?

This property features: Highly desirable location near Portsmouth Beaches; Established restaurant with loyal customer base and solid financials; Dining room with over 50 seats, full bar, and spacious outdoor patio (30+ seats)