229 Main St Ashaway, RI 02804-1813
This thriving pizza restaurant located at 229 Main Street, Hopkinton, Rhode Island, presents a fantastic investment opportunity. Priced at $375,000, this established business boasts a loyal customer base cultivated over its 19-year history. The single-story, 1980-built building is situated on a lot with unspecified square footage and includes all equipment (detailed list available separately). The sale also includes a valuable beverage license. Currently operating with strong year-round performance, this business offers significant upside potential for a new owner. Opportunities exist to expand operations through the addition of delivery services and extended operating hours, further increasing profitability. The restaurant's prime location in Ashaway, RI (zip code 02804), ensures consistent customer traffic. This turnkey operation is ready for immediate ownership and presents a rare chance to acquire a well-established, profitable business with clear avenues for growth. The property is categorized as commercial, restaurant, and bar, and is a single-unit establishment. Financial details are available upon request.
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Main Street Pizza Restaurant
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FedEx Drop Box Postal Service Courier Service
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Hopkinton Liquor Depot (Bike/Boat/Book/etc) Store Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CS · Ashaway, RICosts & 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.