2692 Victory Hwy Victory Hwy, Burrillville, RI 02830
This exceptional commercial property at 2692 Victory Highway in Burrillville, Rhode Island, presents a unique investment opportunity. The property encompasses a well-established restaurant and bar, boasting a substantial 44,867 square foot lot. The two-story building, constructed in 1940, features a main dining area, a separate lounge, a bar with seating for over 20 patrons, and a new outdoor deck. A large banquet room, capable of accommodating 60+ guests, includes a second bar, ideal for private events. The property also includes a three-bedroom apartment with a private entrance, currently owner-occupied, offering potential for additional rental income. Ample parking is available with 65+ paved spaces. The property benefits from numerous recent updates, including a new roof, a new walk-in cooler and freezer, vinyl siding, and connection to town sewer. A new computer system is also in place. Extensive dry goods storage is available. Financial information is available upon request, maintaining complete confidentiality. This turnkey operation is ready for a new owner to continue its success in the thriving Northern Rhode Island market. The property is zoned for commercial use and includes one building with one unit. The property's location in Providence County, zip code 02830, offers convenient access to local amenities and a strong customer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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