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Graziano's 501 Cafe 501 Park Ave 1,449 SF Retail Building Portsmouth, RI 02871 $1,395,060 CAD ($962.77 CAD/SF)
INVESTMENT HIGHLIGHTS
- Near Portsmouth beaches
- Financials available to qualified buyers
- Short drive from route 24
EXECUTIVE SUMMARY
This thriving restaurant, situated in a highly desirable location near Portsmouth Beaches, boasts a dining room with over 50 seats, a full bar, and a spacious outdoor patio with seating for 30+. Just a short drive from Route 24, this year-round establishment enjoys a loyal customer base and solid financials. There’s ample opportunity to expand both operating hours and the menu, making it an attractive prospect for growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,449 SF
Building Class
C
Year Built
1950
Price
$1,395,060 CAD
Price Per SF
$962.77 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.34 AC
Zoning
C - Business
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
199’ on Park Avenue
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $165,889 CAD | |
| Land Assessment | $234,254 CAD | Total Assessment | $400,143 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$234,254 CAD
Improvements Assessment
$165,889 CAD
Total Assessment
$400,143 CAD
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Graziano's 501 Cafe | 501 Park Ave
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