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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

48 Commons Little Compton, RI 02837

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional Little Compton, RI property offers a fully-serviced restaurant and land for sale. The asking price is $1,100,000 for this Class A property, assessed at nearly $900,000. The sale includes the business, all equipment, and the real estate, encompassing two buildings totaling 7,099 square feet, plus a 150-square-foot gift shop. The main building is a two-story structure built in 2005, situated on a 5,150-square-foot lot. A valuable beer and wine license is included. The property boasts an exterior Trex deck, adding further potential. This well-established restaurant, operating since 1967, enjoys a prime location in the heart of Little Compton. The buyer is responsible for the Little Compton Agricultural Conservancy Tax at closing. All offers will be considered. This is a rare opportunity to acquire a thriving business and valuable real estate in a desirable location. The property's features present numerous possibilities for expansion and growth.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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