0 Undisclosed Tiverton, RI 02878
This exceptional waterfront restaurant in Tiverton, Rhode Island, presents a unique investment opportunity. Priced at $2,999,000, this established seasonal business boasts 1,140 square feet of space, offering a compelling price per square foot of $2,630.70. The property is categorized as retail, specifically a restaurant, and is an owner/user investment with single tenancy. Located in Newport County, at an undisclosed address in Tiverton, RI 02878 (41.6247113, -71.1686168), the restaurant features a fully equipped kitchen, including freezers and coolers. The property also includes both indoor and outdoor seating areas, catering to a diverse clientele, and a convenient take-out area. This turnkey operation is ready for a new owner to continue its success in a highly desirable waterfront location. The property's established nature and prime location make it an attractive prospect for experienced restaurateurs seeking a profitable venture. Further details are available upon request.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.