Restaurants

Smithfield, RI Restaurants for Sale

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Johnston, RI Glocester, RI North Scituate, RI Providence, RI North Providence, RI Lincoln, RI Central Falls, RI Cranston, RI
Renovated Restaurant and Bar
Updated: Mar 12, 2025
Renovated Restaurant and Bar

294 Waterman Avenue, Smithfield, RI 02917

$699,000
3,608 sqft 0.41 AC lot
3,608 square feet on 0.41 acres
Restaurant and bar improvements with renovated interior
New roof and siding
R20 zoning with food‑and‑beverage use restriction
Prior approval for outdoor dining
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Full Service Restaurant and Entertainment Center
Updated: Jun 24
Full Service Restaurant and Entertainment Center

325 Farnum Pike, Smithfield, RI 02917

$2,300,000
6,546 sqft
6,546' full‑service restaurant operating May–September with outdoor summer events including league volleyball
Fully sprinklered restaurant and entertainment center with outdoor live stage and swimming pool
Ample on‑site parking for approximately 300 vehicles
Restaurant revenues approaching $1.5M (existing business)
Potential development opportunity for residential condos or apartments; architectural/engineered plans available
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Restaurant With Outdoor Amenities
Restaurant With Outdoor Amenities

325 Putnam Pike, Smithfield, RI 02917

Contact for pricing
6,546 sqft

Full-service dining property with entertainment features, seasonal recreation, and patio seating in Smithfield.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Restaurant and Bar Opportunity
Restaurant and Bar Opportunity

332 Farnum Pike, Smithfield, RI 02917

Contact for pricing

Turnkey restaurant and bar with high traffic location.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Smithfield, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Condo with Equipped Kitchen
Restaurant Condo with Equipped Kitchen

A-150 Chestnut St, Providence, RI 02904

$725,000
3,580 sqft

First-floor space includes commercial kitchen equipment, walk-in refrigeration, a bar, and multiple seating areas.

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Updated Strip Plaza with Parking
Updated Strip Plaza with Parking

80 Greenville Avenue, Johnston, RI 02919

$999,900
4,000 sqft

One-level strip plaza is updated and currently operated as a pub and pizza place, with a large parking lot.

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Turnkey Hot Dog Restaurant Business
Turnkey Hot Dog Restaurant Business

2000-39 Putnam Pike, Johnston, RI 02919

$58,000

Firehouse Hot Dogs has operated since 1989 and is offered turnkey with FF&E included for immediate ownership.

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Providence Restaurant Business Opportunity
Providence Restaurant Business Opportunity

834 Admiral Street, Providence, RI 02904

Contact for pricing

Thriving restaurant business and real estate for sale in Providence.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Business District Commercial Land
Business District Commercial Land

1003 Victory Highway, North Smithfield, RI 02896

$200,000
0.62 AC lot

Commercial lot in BN zoning with public water and sewer availability near regional highway connections.

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Permitted Land on Route 140
Permitted Land on Route 140

85 Mendon St, Bellingham, MA 02019

$1,200,000
1.99 AC lot

1.99 acre lot permitted for a 5000 sqft building.

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High-Traffic Corner Commercial Land
High-Traffic Corner Commercial Land

20 Wauregan Road, Killingly, CT 06239

$1,300,000

Prime commercial land with high visibility and highway access.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

4000 Quaker Lane, North Kingstown, RI 02852

$399,000
1.71 AC lot

Heavy Business-zoned parcel with public water and access to gas and three-phase power.

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Off-Market Properties in Smithfield, RI

Consider similar Off-Market properties in Smithfield, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

466 Putnam Pike Unit 8 & 10
Individual retail properties

466 Putnam Pike Unit 8 & 10, Smithfield, RI 02828

Estimated value: by Request
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Smithfield, RI Restaurants Market Trends and Statistics

Explore 7 restaurants for sale in Smithfield, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,700 square feet of properties for sale, with an estimated market value of $2,999,000.

Sale prices for restaurant properties in Smithfield, RI start at $699,000, averaging $1,499,500, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Bars & Pubs 3

Demographics Overview

Population 15K
Population Growth (5Y) +9.2%
Median Household Income $106,772
College Educated 54.3%

High-Yield Neighborhoods for Investment

Identify Smithfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02917 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.76%
Property Tax per SF $38.94 per SF
Tax Rate vs County Average 1.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

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