1370 Mendon Rd Cumberland, RI 02864
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1370 Mendon Rd
- Year built
- 1950
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4294
- Latitude
- 41.9352