Entity Owned 
For Sale
1 / 36
Property summary
This exceptional 5,866 square foot commercial property located at 332 Farnum Pike in Smithfield, Rhode Island presents a rare opportunity for restaurant and bar ownership. Situated on a 1.71-acre lot, this turnkey establishment boasts a prime location with high traffic volume, ensuring optimal visibility and customer flow. The property includes ample parking with 70 spaces, accommodating a large clientele. Inside, the spacious layout comfortably seats 199 patrons, with additional seating available on a fenced patio. The property's current configuration is ideal for immediate operation, minimizing start-up costs and maximizing potential returns. This is an excellent opportunity for expanding an existing franchise or launching a new venture. The surrounding area is home to several major employers, including Bryant University, Fidelity, and Navigant Credit Union, providing a substantial and reliable customer base. The asking price for this exceptional property is $999,900. Don't miss this chance to acquire a thriving business in a highly desirable location. This is a truly unique opportunity to own and operate a successful restaurant and bar, generating immediate income and long-term growth potential. The property's size, location, and existing infrastructure make it an attractive investment for discerning entrepreneurs.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along the street frontages and heavier uses in the interior lots
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Smithfield, RIThis district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along the street frontages and heavier uses in the interior lots
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is established to provide areas for light industrial and office uses. The intent is to provide for less intense uses along the street frontages and heavier uses in the interior lots
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Smithfield, RI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
and get 1 Light Report
- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
