383 Metacom Ave Bristol, RI 02809
For Sale
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This exceptional 23,000-square-foot commercial property, situated on a 1.21-acre lot in Bristol, Rhode Island, presents a unique investment opportunity. Currently operating as a high-end dining establishment with a 150-person seating capacity and multiple banquet rooms accommodating up to 470 guests, the property boasts ample parking for over 100 vehicles. Its prime location, just 2.4 miles from Roger Williams University, ensures high visibility and accessibility. The property's versatility is further enhanced by conceptual architectural renderings outlining a mixed-use development plan incorporating retail, commercial, and residential components. This presents a compelling opportunity to capitalize on the area's growth potential and adapt the space to meet evolving market demands. The asking price is $3,250,000. Note that an additional, separately owned parcel (2.66 acres including a two-family home) is available but not included in this listing. This property offers unparalleled potential for significant returns in Rhode Island's East Bay. The existing infrastructure and prime location make this an exceptional opportunity for both established businesses and visionary developers.
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Jacky's Galaxie & Sushi Bar Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M · Bristol, RIBristol. 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.