382 Thames St Bristol, RI 02809
Property Lookup
Property profile & analytics
382 Thames St Bristol, RI 02809
- Showrooms
- 3,996 SF
- 0.33 lot acres
Property ID
US76-0115920
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
- Pisco&tequila / Restaurant
- Tong Phoon Restaurant / Restaurant
Property Details for 382 Thames St
- Year built
- 2014
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.33 lot acres
- Property size
- 3,996 SF
- Zone code
- W
- Property type
- Showrooms
- APN
- BRIS M:9 L:15
- APU
- BRISM9L15
Description
This exceptional business opportunity presents a fully equipped and operational restaurant in Bristol, RI's vibrant downtown waterfront district. Located at 382 Thames Street, Unit North, this 1,000 square foot establishment sits on a 0.33-acre lot and benefits from a brand new five-year lease. The restaurant is in excellent condition, boasting clean and well-maintained equipment, ready for immediate operation. The business model offers both dine-in and carry-out options, catering to a diverse clientele. A significant advantage is the property's location directly across from over eighty high-end condominiums, ensuring a consistent stream of potential customers. Bristol's thriving community, home to Roger Williams University and attracting thousands of tourists annually, provides a robust market. The city's renowned Fourth of July parade, the largest and oldest in the nation, further enhances the area's appeal and foot traffic. This turnkey operation presents a unique chance to own and manage a successful, established restaurant in a prime location, offering the potential for significant returns. Off-street parking is available for added convenience. The asking price for this exceptional opportunity is $125,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $940,000
- 6.5%
- $870,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,076,000
- AI Estimate
- $620,000
Market price range: $421k - $1.11MMarket price range: $241k - $654k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Bristol
- State
- Rhode Island
- Longitude
- -71.2784
- Latitude
- 41.6723
- 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
$9,941
$259,200
$484,900
$744,100
-
$0.00
$0.00
$0.00
