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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1370 Mendon Rd Cumberland, RI 02864

Built 1950
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents a thriving restaurant situated on a substantial 16,533 square foot lot in Cumberland, Rhode Island. Located at 1370 Mendon Road, this well-established breakfast and lunch restaurant has enjoyed consistent success for over 30 years, boasting a stellar reputation within the local community. The property includes a single, updated building constructed in 1950, featuring central air conditioning, a modern kitchen, a walk-in cooler, and a security alarm system. The sale includes all equipment and supplies, ensuring a seamless transition for the new owner. Ample parking is available for patrons. The current owner is retiring but is willing to provide training to ensure a smooth handover. This is a turnkey operation with significant potential for continued growth. While the sale primarily focuses on the business itself, the building owner is open to offers for the property as well, presenting a unique opportunity for a buyer to acquire both the business and the real estate. The high visibility and high-traffic location on Mendon Road in Cumberland, RI (zip code 02864) contribute significantly to the restaurant's success. This is a rare chance to acquire a profitable, well-regarded business with a strong history in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1950
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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