154 High StBristol, RI 02809

Property Details for 154 High St

Year built

1808

Lot size

0.13 AC

Property size (Sq ft)

3,306 SF

Zone code

R-6

Property type

Showrooms

APN

BRIS M:19 L:86

APU

BRISM19L86

Description

This exceptional property, known as the Williams Grant Inn, presents a unique investment opportunity. Located at 154 High Street in the heart of Bristol, Rhode Island, this 5,663 square foot lot houses a beautifully preserved five-bay Colonial Federal style residence, built in 1808. The property boasts a fully renovated chef's kitchen and a bright, spacious dining room, seamlessly blending historic charm with modern amenities. The two-story building features five bedrooms and six bathrooms, offering both comfort and functionality. The inn is currently operating as a successful bed and breakfast, with all furnishings and the established business included in the sale. The property also includes a private fenced yard with landscaping and a pond, a paved driveway, and additional parking. Its prime location offers unparalleled access to Bristol's downtown area, including restaurants, shops, and attractions. Enjoy the convenience of a nearby bike path and the breathtaking views of Bristol Harbor, just a block away. This property is also being sold as a single-family home, separate from the business entity. The asking price is $1,850,000. This is a rare opportunity to own a piece of Bristol's rich history and vibrant present. The property's ideal location provides a front-row seat to the town's Fourth of July parade.

• CAP approach

  CAP return

  Valuation

  6%

  $803,473

  6.5%

  $741,668

  7%

  $688,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,088,544

  Geo Method

  $1,088,544

• Alternative Use

  Use

  Valuation

  Residential

  $625,624

  Hospitality

  $573,069

  Educational

  $476,786

  Medical

  $493,184

  Retail

  $741,668

Location Insight

City

Bristol

County

Bristol

State

Rhode Island

Latitude

41.667

Longitude

-71.2721

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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