Asian Fusion Restaurant with Open
For Sale
Contact for pricing
970 Douglas Pike, Smithfield, RI 02917
Operational restaurant with open kitchen, seating for 65, and a full liquor license in a busy strip center.
Property Size3,000 SF
Price / SF$86.67
Days on Market60
Property Features for 970 Douglas Pike
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
20
Property subtype
Retail
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Buildings
1
Units
1
Listing Agency:
Circle 100 Real Estate
(401) 227-7501
Listed By:
Shuman Hsia
Source:
Crexi
Added: Jun 13
Changed: Aug 7
Last Checked: Aug 9 at 10:50AM
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 Circle 100 Real Estate
Investment Insights
Based on property information with market context.
An operational Asian fusion restaurant offering an open kitchen concept in a space of approximately 3,000 square feet. The current setup includes seating for 20 outdoors, 30 indoors, and 15 at the bar, supported by a full liquor license. The sale includes the business and equipment, and the restaurant is described as being about six years new.
The property is located in Smithfield, Rhode Island, in an open strip center at a busy intersection where Route 116 and Route 7 meet, just down the road from Bryant University. The center includes anchor stores Dunkin Donuts, 401 Fitness, and Condesa.
For a new owner or operator, this is a turnkey restaurant opportunity with a current operating layout, open-kitchen presentation, and both indoor and outdoor dining. The lease is described as flexible, with an initial term of 5 to 10 years and 5-year options. Monthly rent is listed at $6,500, and a private tour can be arranged by calling or texting the listing agent; please do not disturb staff or guests.
The property is located in Smithfield, Rhode Island, in an open strip center at a busy intersection where Route 116 and Route 7 meet, just down the road from Bryant University. The center includes anchor stores Dunkin Donuts, 401 Fitness, and Condesa.
For a new owner or operator, this is a turnkey restaurant opportunity with a current operating layout, open-kitchen presentation, and both indoor and outdoor dining. The lease is described as flexible, with an initial term of 5 to 10 years and 5-year options. Monthly rent is listed at $6,500, and a private tour can be arranged by calling or texting the listing agent; please do not disturb staff or guests.
Key Highlights
- Asian fusion restaurant business and equipment for sale; listed price $280,000
- Approx. 3,000 SF restaurant with an open kitchen and operational setup
- Seating for 65 total: 15 bar seats plus 20 outdoor and 30 indoor seats
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Holiday Inn Express & Suites Smithfield - Providence
Hotels & Casinos
1,201 visits/mo
0.3 miles
Demographics for 02917, RI
14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operational restaurant with open kitchen, seating for 65, and a full liquor license in a busy strip center.
Where is this conventional restaurant located?
The property is located at 970 Douglas Pike Smithfield, RI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Asian fusion restaurant business and equipment for sale; listed price $280,000; Approx. 3,000 SF restaurant with an open kitchen and operational setup; Seating for 65 total: 15 bar seats plus 20 outdoor and 30 indoor seats
