209 Main St Main St Hopkinton, RI 02804
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 209 Main St Main St
- Year built
- 1960
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional turnkey restaurant and bar, located at 209 Main Street in Hopkinton, Rhode Island (zip code 02804), presents a unique investment opportunity. The property, built in 1960, boasts a substantial 26,136 square foot lot and a single, newly renovated building. The interior has undergone a complete transformation, featuring high-end fixtures and kitchen equipment. With seating for approximately 88 patrons, the restaurant also includes a charming bar area. The property's prime location on Route 3, a major thoroughfare into Westerly, ensures high visibility and significant traffic, particularly during peak summer months. The convenient proximity to Route 95 (within one mile) further enhances its accessibility. Ample parking is available at the rear of the building, and a pre-existing service window offers potential for outdoor seating expansion. The property is equipped with a recently replaced septic system and well. A brand-new Generac standby generator is also available for negotiation. The asking price is $1,350,000. The owner is open to exploring lease-to-own options or owner financing, contingent upon creditworthiness and sufficient backing. This fully equipped, move-in ready establishment is ideal for a variety of hospitality concepts, from farm-to-table dining to a coffee shop.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hopkinton
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.7853
- Latitude
- 41.4246
