Property profile

77 Main Rd Tiverton, RI 02878

FOR SALE
Showrooms
Property ID
US76-0383218
2,772 SF 0.21 ac lot Built 1930
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is configured as a full-service Brazilian restaurant with an operational kitchen setup and core equipment suitable for ongoing foodservice operations. The kitchen includes walk-in refrigeration and walk-in freezer units, multiple stoves, and two pizza ovens, supporting multiple menu concepts. Restaurant fixtures, furniture, and equipment are part of the established interior buildout and are described as conveying. The listing also references a liquor license associated with the premises. The restaurant is situated on a high-traffic main road in Tiverton, providing street visibility and customer access, and it operates with an established pickup ordering channel through third-party delivery services. The property is supported by a kitchen footprint designed for day-to-day service and includes the equipment typically needed for a quick-service and sit-down restaurant model.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Construction FRAME
Total area 2,772 SF
Lot 0.21 ac (9,017 SF)
Zoning code R30
APN TIVE M:101 B:114
UPID US76-0383218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

77 Main Rd Tiverton, RI 02878
Tiverton metro Census 41601 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2023
Last sale
$470,000
7 recorded transactions
2023
$470,000
2023
Price N/A
2020
Price N/A
2019
$170,000
2019
Price N/A
2015
Price N/A
2013
Price N/A

Zoning & alternative use

R30 · Tiverton, RI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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