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Established Restaurant with Real Estate

77 Main Tiverton, RI 02878

77 Main, Tiverton, RI, 02878
$789,999
For Sale
Claim this Listing
$789,999

Turnkey Brazilian restaurant with real estate and liquor license.

Property Size2,772 SF
Price / SF$284.99
AddedMar 31
Days on Market107
Last RefreshJul 14 at 8:06 pm

Property Features for 77 Main

General Information

Standard status
Active
Size
2,772 SF
Property subtype
Commercial

Building Details

Year Built
1930

Listing office AMARAL & ASSOCIATIES RE, INC.

Listing date Mar 31, 2026

Source Corcoran

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 AMARAL & ASSOCIATIES RE, INC.


Investment Insights

Based on property information with market context.

This property presents an opportunity to acquire a well-established restaurant and its associated real estate. Situated on a high-traffic main road in Tiverton, the location benefits from excellent visibility and consistent customer traffic. A valuable liquor license is included with the property. The fully equipped kitchen contains a walk-in refrigerator, a walk-in freezer, multiple stoves, and two pizza ovens. The restaurant currently operates as a turnkey business and benefits from consistent DoorDash pickup orders. The setup allows for extended hours up to 2 AM on Fridays and Saturdays. Fixtures, furniture, and equipment will convey with the sale. The property size is 2772 square feet.

Key Highlights

  • High‑traffic location on a main road with excellent visibility and steady customer flow.
  • Includes a valuable and rare liquor license.
  • Fully equipped, turnkey restaurant with walk‑in refrigerator, walk‑in freezer, multiple stoves, and two pizza ovens.

Local Financial Insights For Specialty Retail

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 $59.9k $21.60
− Vacancy −$6.2k −$2.25
EGI $53.6k $19.35
− OpEx −$13.4k −$4.84
NOI $40.2k $14.52
2,772 SF · lease $21.60/SF/yr · vacancy 10.40% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$574.8K
$503.0K – $670.6K (±1% cap)
NOI $40,236 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$661.4K
$578.7K – $771.6K (±1% cap)
NOI $46,298 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Palhares Pizza Restaurant Restaurant Buddies & Brother Restaurant

Suggested Use

Real Estate Agency Dental Office Law Firm Daycare Center Skin Care Clinic Accounting Firm Building Supply Electrical Service Pharmacy (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey Brazilian restaurant with real estate and liquor license.
Where is this conventional restaurant located?
The property is located at 77 Main Tiverton, RI.
What is the asking price?
The asking price for this property is $789,999.
What are key features of this property?
This property features: High‑traffic location on a main road with excellent visibility and steady customer flow.; Includes a valuable and rare liquor license.; Fully equipped, turnkey restaurant with walk‑in refrigerator, walk‑in freezer, multiple stoves, and two pizza ovens.
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