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Individually Owned Property summary
This exceptional waterfront commercial property, located at 411 Thames Street in Bristol, Rhode Island, presents a rare investment opportunity. The renowned Quito's Seafood Restaurant, established in 1954, occupies this 0.13-acre site and has been a beloved local institution for nearly seven decades. Currently operating as a seasonal restaurant, Quito's boasts a loyal customer base and consistently full dining room throughout its operating season. The restaurant's history began as a fish… market, evolving into a popular eatery known for its family recipes and charming atmosphere. The existing building offers significant potential for expansion, with the possibility of developing a second floor to increase seating capacity and revenue. Recent improvements include a larger awning added to the exterior dining area, enhancing the outdoor dining experience. While current photos do not reflect this recent addition, updated exterior photographs will be available shortly. This turnkey business offers a unique blend of established success and substantial growth potential, making it an ideal acquisition for an experienced restaurateur or savvy investor seeking a prime waterfront location in the desirable Bristol, RI market. The asking price for this remarkable property is $2,250,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 20 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,234 SF
- Lot area
- 0.13 ac
- Year built
- 1950
- Stories
- 1
- APN
- BRIS M:9 L:73
- Zoning
- W
- Assessed value · 2023
- $752,700
- Annual tax · 2023
- $10,056
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
W Zone Waterfront. This zone is intended for mixed use residential, commercial, and limited industrial use along the downtown waterfront with an emphasis on preservation, economic development, recreation, and open space.…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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