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    50 County Cmns Way South Kingstown, RI 02879

    For Sale
    $250,000

    Established Restaurant, Fully Equipped, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turnkey restaurant opportunity is located in the thriving South County Commons in South Kingstown, Rhode Island, at 50 South County Commons Way, Unit E1, zip code 02879. The property, built in 2007, sits on a substantial 47,916 square foot lot and includes a single, 2,900 square foot building within a complex of 14 buildings. This fully equipped restaurant boasts a comfortable seating capacity for up to 100 guests, offering a versatile layout ideal for various dining or business concepts. All restaurant furnishings are included, ensuring a seamless transition for the new owner. The prime location within the bustling South County Commons provides excellent visibility, high foot traffic, and convenient access to major highways, making it an attractive destination for customers. The property is zoned for commercial, bar, and restaurant use. This presents a rare chance to acquire a well-established business in a vibrant and growing community. The asking price for this exceptional opportunity is $250,000.

    Property Features for 50 County Cmns Way

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2007
    Buildings
    14
    Units
    1

    HighLights

    • Asking price: $250,000
    • Turnkey restaurant space, 2,900 sq ft, seats 100
    • Located in South County Commons, South Kingstown, RI, 02879
    • 14 buildings on a 47,916 sq ft lot
    • Built in 2007, 1 unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    South Kingstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.4706435
    Latitude
    41.4556926

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Fully Equipped, High Traffic
    Where is this restaurant located?
    The property is located at 50 County Cmns Way South Kingstown, RI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Asking price: $250,000; Turnkey restaurant space, 2,900 sq ft, seats 100; Located in South County Commons, South Kingstown, RI, 02879
    Request Owner's contact information
    50 County Cmns Way South Kingstown, RI 02879
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    South Kingstown, RI 02879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 County Cmns Way South Kingstown, RI 02879
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