Technical
Financial
Distress signals
Property profile

170 Franklin St Bristol Bristol, RI 02809

FOR SALE
Showrooms
Property ID
US76-0226519
2,081 SF 0.04 ac lot Built 1950
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of two parcels conveyed together: a neighborhood restaurant known as the Casual Inn and a single-family residence located directly behind it. The restaurant building has seating for over 90 patrons and is supported by commercial kitchen and service areas staffed by kitchen and wait staff (3 kitchen staff and 5 wait staff as historically described). The restaurant includes a 15-foot hood, a ten-burner range with a double oven, two fryers, a two-burner griddle, a three-tray steam warming table, an above-ground grease trap, two commercial freezers, three fridge/freezers, two chest freezers, an ice machine, and two low-boy coolers at the bar; the included contents have historically comprised liquor inventory, furniture, tableware, and dry stock. The building is equipped with a modern fire alarm system with pull stations and has second and third egress points; the roof has a replacement history of approximately two years, and the skylights are described as watertight. Men’s and women’s bathrooms are maintained, and a sound system is present and operational. The single-family home is described as 1,440 square feet with three bedrooms and two bathrooms. The combined property is 2,081 square feet on a 0.036-acre lot and is zoned GB.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,081 SF
Lot 0.04 ac (1,568 SF)
Zoning code GB
APN BRIS M:23 L:37
UPID US76-0226519

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

170 Franklin St, Unit Bristol Bristol, RI 02809
Bristol metro Census 30700 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

GB · Bristol, RI
Zoning description

GB Zone General business. This zoning district is intended for commercial areas that serve town-wide and regional commercial needs for retail services, and professional office establishments. D Zone Downtown. This zoning…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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