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    Turnkey Brazilian Restaurant With Liquor License Title is generated by Realmo AI

    77 Main Road, Tiverton, RI 02878

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    Claim this Listing
    New
    For Sale
    $789,999

    Turnkey restaurant with fully equipped kitchen and liquor license on a high-traffic main road location.

    Property size:
    2,772 SF
    Price / SF:
    $284/SF
    Added:
    Jun 5, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 7 at 1:49 am

    Property Features for 77 Main Road

    General Information

    Standard status
    Active
    Size
    2,772 SF

    Building Details

    Year Built
    1930

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    Listing Contact
    Derick Freitas

    Listing agent Derick Freitas

    Listing office Amaral & Associates RE

    Listing date Jun 5, 2026

    Source 413realestate

    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 & Associates RE

    HighLights

    • Brazilian restaurant and real estate available; purchase options include the business or the property alone
    • Valuable liquor license included with the sale
    • Fully equipped kitchen with walk‑in refrigerator, walk‑in freezer, multiple stoves, and two pizza ovens
    • Fixtures, furniture, and equipment will convey with the sale
    • Operating as a turnkey business with consistent DoorDash pickup orders
    • Extended hours allowed up to 2 AM on Fridays and Saturdays

    Overview

    The property is an operating Brazilian restaurant offering a fully equipped kitchen built for high-volume food production. The kitchen includes a walk-in refrigerator, walk-in freezer, multiple stoves, and two pizza ovens, along with the fixtures, furniture, and equipment that will convey with the sale. The current setup is designed for immediate operation and can support a range of restaurant concepts.

    The restaurant is located on a high-traffic main road in Tiverton, which provides strong visibility and a steady flow of customers. The package also includes a liquor license, described as a valuable asset in the area. The property is currently operating as a turnkey business and benefits from DoorDash pickup orders.

    For buyers looking to take over an established foodservice operation, this property offers a practical, ready-to-run option with the included equipment and the ability to operate extended hours up to 2 AM on Fridays and Saturdays. If a buyer prefers to purchase the real estate separately, the property is also presented as an option on its own, with the existing restaurant improvements in place and the seller willing to assist temporarily with training and transition.

    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.
    Location Intelligence

    Current Use by Public Records

    Palhares Pizza Restaurant Restaurant Buddies & Brother Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Tiverton
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.1853632
    Latitude
    41.6709593

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant with fully equipped kitchen and liquor license on a high-traffic main road location.
    Where is this conventional restaurant located?
    The property is located at 77 Main Road 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: Brazilian restaurant and real estate available; purchase options include the business or the property alone; Valuable liquor license included with the sale; Fully equipped kitchen with walk‑in refrigerator, walk‑in freezer, multiple stoves, and two pizza ovens
    More about this property
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