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Property profile & analytics
FOR SALE
Showrooms

383 Metacom Ave Bristol, RI 02809

23,302 SF 1.21 ac lot Built 1988
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US76-0144109
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,302 SF
Lot 1.21 ac (52,708 SF)
Zoning code M
APN BRIS M:47 L:28
UPID US76-0144109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jacky's Galaxie & Sushi Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.03M
Blend (final) Blend
$2.67M
Owner & transaction history
Jackys Realty 3rd LLC · 13 yrs held
Jackys Realty 3rd LLC
since 2013
4 recorded transactions
2018
Price N/A
2013
$1
2010
Price N/A
1969
Price N/A
Zoning & alternative use
M · Bristol, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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