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Financial
Distress signals
Property profile

170 Franklin St Bristol, RI 02809

FOR SALE
Showrooms
Property ID
US76-0226519
2,081 SF 0.04 ac lot Built 1950
Last sale Mar 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$190k
Assessed land$67k
Assessed improvement$124k
Effective rate1.34%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 4.35% cap applied$37k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$191/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$105 – $279
Qualifying comparables18

Cap rate analysis

How does the asset earn?
4.35%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB
GB Zone General business. This zoning district is intended for commercial areas that serve town-wide and regional commercial needs for re...
General categoryCOMMERCIAL
JurisdictionBRISTOL

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.2
Parking Facility11.1
Accounting Firm9.6

Location

170 Franklin St Bristol, RI 02809
County assessor Recorded deeds · 1 transfer 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Reservoir, Bristol, RI 02809-3613 $180,000 Jul 2025 2,094 SF
423 Hope St, Bristol, RI 02809-1845 $575,000 Mar 2023 1,526 SF
9 Ct, Bristol, RI 02809-2207 $775,000 Mar 2023 3,468 SF
413 High, Bristol, RI 02809-1944 $390,000 Jan 2023 2,112 SF
588 Wood, Bristol, RI 02809-2314 $200,000 Oct 2022 3,150 SF
195 Franklin, Bristol, RI 02809-3325 $599,900 May 2022 2,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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