294 Great Island Road, Narragansett, RI
Multi-Use for Sale - $999,999 - 8,000 Sq. Ft.
Property Info
CIMLS# | 809244 |
Location 294 Great Island Road Narragansett RI 02882 | |
Updated | June 15th, 2015 |
Type | Multi-Use |
Price | $999,999 |
Building | 8,000 Sq. Ft. |
Property Description
Water Front Building with Full Service "Turn Key" Restaurant & Existing Leaseholds (Narragansett, RI)
Start with immediate income of over $5,000 per month from existing long term leaseholds.
Water Front Building with Full Service Restaurant & Liquor License
8000 sq ft. Building
Narragansett, Rhode Island
1st Floor has two long term tenants.
2nd floor is a full service restaurant with liquor license and a full "state of the art" sound system.
Building recently updated with fire sprinklers.
Building has two new heating systems.
URI is 15 minutes away with most off campus students living within a few miles of restaurant.
GREAT opportunity for a seasoned Chef that is ready to own and operate their own business.
Business Summary
8000 sq ft building with full service restaurant and full liquor license which occupies 4000sq ft. of the second floor overlooking the local port. Retail space on the first floor totaling 3500 sq ft of which is 100 % occupied. Building is water front and directly in the middle of a thriving RI port. Located in a major tourist area with 1,000,000 plus tourist making their way through yearly.
General Information
Facilities: Building is 2 floors with retail shops on the first floor and a full service restaurant on the second. Building is Water Front and directly next to a passenger ferry which transports thousands of tourists and locals to nearby island.