2692 Victory Hwy, Burrillville, RI 02830-1909
This exceptional investment opportunity presents a well-established restaurant and bar located at 2692 Victory Highway, Burrillville, RI. The property boasts a spacious layout including a separate dining room and lounge area, a bar with seating for over 20 patrons, and a newly constructed deck for outdoor dining. A large banquet room, accommodating 60+ guests, features a second bar, ideal for private events. Adding to the income potential is a separate three-bedroom apartment with a private entrance, currently owner-occupied, offering flexibility for additional rental income. The property also includes ample parking with 65+ paved spaces and extensive dry goods storage. Recent significant upgrades include a brand-new computer system, a new roof, a new walk-in cooler, a new freezer, and new vinyl siding. The property is connected to town sewer. Financial information is available upon request, maintaining complete confidentiality. This turnkey operation is ready for a new owner to step in and continue its success. The property sits on one acre of land and is listed at $1,300,000. This is a rare opportunity to acquire a thriving business and valuable real estate in a desirable location.
-
Uncle Ronnie's Red Tavern Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GC · Burrillville, RIBurrillville. Always verify with local authorities before improvements.
Costs & 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.