209 Main St Hopkinton, RI 02804
Property profile & analytics
209 Main St Hopkinton, RI 02804
- Showrooms
- 3,344 SF
- 0.60 lot acres
Property ID
US76-0063113
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Windshield Brothers / Auto Repair Shop / (Bike/Boat/Book/etc) Store
- Brick Oven / Restaurant
Property Details for 209 Main St
- Year built
- 1960
- Construction
- FRAME
- Lot size
- 0.60 lot acres
- Property size
- 3,344 SF
- Zone code
- CS
- Property type
- Showrooms
- APN
- HOPK M:025 B:000 L:0299A
- APU
- HOPKM025B000L0299A
Description
This exceptional 3,300 square foot restaurant, located at 209 Main Street in Hopkinton, RI, presents a truly turnkey opportunity for a discerning buyer. Situated on a 0.6-acre lot just one mile from Route 95 and directly on highly trafficked Route 3, this property enjoys exceptional visibility and accessibility. The recent, complete renovation encompasses the entire building, from the basement to the exterior, resulting in a stunning, modern space equipped with high-end fixtures and brand-new kitchen equipment. The restaurant boasts seating for approximately 88 patrons and ample parking in the rear. A charming bar area provides a cozy gathering spot, while the existing service window on the side of the building offers significant potential for outdoor seating. The property features a recently replaced septic system and well. A brand-new Generac standby generator is also available for negotiation, ensuring uninterrupted operation. This meticulously renovated restaurant is ready for immediate operation, ideally suited for a farm-to-table concept, a coffee shop, or any hospitality venture. The owner is open to exploring lease-to-own options or owner financing with suitable credit and backing. This is a rare opportunity to acquire a beautiful, fully equipped restaurant in a prime location with high traffic volume. The asking price is $1,350,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $565,000
- 6.5%
- $520,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $480,000
Market price range: $219k - $591k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $685,000 Current use
- OFFICE BUILDING
- $585,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ashaway
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.7853
- Latitude
- 41.4247
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,989
$89,100
$319,400
$408,500
-
$0.00
$0.00
$0.00
