501 Park AVE, Portsmouth, RI 02871
501 Park AVE, Portsmouth, RI 02871
501 Park AVE, Portsmouth, RI 02871
23
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$849,900
Est. payment /mo
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1,449 SqFt
Active Under Contract

501 Park AVE Portsmouth, RI 02871

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,449 sqft

Price per Sqft $586

MLS Listing ID 1366544

HOA Y/N No

Abv Grd Liv Area 1,449

Year Built 1950

Annual Tax Amount $2,665

Tax Year 2024

Contingent Soliciting Back-up Offers

Lot Size 0.344 Acres

Property Sub-Type Commercial

Property Description

Located near the popular Portsmouth Beaches, this thriving restaurant enjoys a prime location that attracts both locals and visitors year-round. The inviting dining room accommodates over 50 guests, complemented by a full-service bar and a spacious outdoor patio with seating for 30+. Just minutes from Route 24, this well-established venue boasts a loyal customer base and strong financial performance. With potential to expand operating hours and diversify the menu, this restaurant presents a fantastic opportunity for growth and increased revenue.

Location

State RI

County Newport

Exterior

Community Features Marina, Pool, Shopping

Total Parking Spaces 24

Building

Foundation Concrete Perimeter

Sewer Septic Tank

Water Connected

Structure Type Frame

New Construction No

Others

Tax ID 501PARKAVPORT

Virtual Tour https://tour.RiLiving.com/501-Park-Avenue-Portsmouth-RI-02871

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Listed by Broadway Real Estate Group
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Tricia Coury
Tricia Coury

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