382 Thames StBristol, RI 02809

This exceptional investment opportunity presents a 6,516 square foot, free-standing building situated in Bristol, Rhode Island's vibrant waterfront district at 382 Thames Street. The property boasts a prime location directly across from Bristol Harbor, offering over 115 feet of frontage. Its proximity to 80 high-end condominiums, the East Bay bike path, Independence Park, the Bristol Harbor Inn Hotel and Event Center, and other downtown attractions ensures high foot traffic and visibility. Currently operating at 100% occupancy, the building comprises three separate units. Two units are occupied by independent restaurants under long-term, triple-net (NNN) leases. A third, approximately 2,500 square foot warehouse space, currently owner-occupied, will be available for lease. The property features separate utilities and convenient off-street parking, easily accessible by car, bike, or foot. Zoned W, this single-story building sits on a 0.33-acre lot and offers significant potential for future development. Possible uses include, but are not limited to, condo conversion or additions. New legislation may allow for additional residential units with harbor views. The asking price is $1,995,000, translating to $306.17 per square foot. All potential buyers are responsible for conducting their own due diligence.