258 Bellevue Avenue, Newport, RI
Retail for Sale - $129,000 - 34,392 Sq. Ft. on 3.74 acres
Property Info
| CIMLS# | 868633 |
| Location 258 Bellevue Avenue Newport RI 02840 | |
| Updated | March 22nd, 2016 |
| Type | Retail |
| Price | $129,000 |
| Building | 34,392 Sq. Ft. |
| Land | 3.74 acres |
Property Description
Operational turnkey restaurant business for sale in downtown Newport's only grocery-anchored neighborhood plaza. Immediately adjacent to Stop and Shop's doors. Along high traffic famous Bellevue Avenue. Lots of foot traffic. Sale of business opportunity at $129,000.00 includes fixtures, furnishings and equipment per FF&E list. Sale of business opportunity is offered in conjunction with 5 year lease from plaza landlord at $25.00 per sf on an annual basis plus common area maintenance. 5 year option to renew.
Opportunities for expansion might include: dinner meal period, delivery, Sunday operation, off-site catering, beer/wine license
Location Description:
In downtown Newport's only grocery-anchored neighborhood plaza. Immediately adjacent to Stop and Shop's doors. Along high traffic famous Bellevue Avenue. Lots of foot traffic. 230+ parking spaces.
Highlights:
>> Opportunities for restaurant include catering,
>> takeout, and delivery.
>> 3.74 acres grocery anchored plaza including Stop & Shop Supermarket, The UPS Store, Bellevue Rug & Interiors, Lifestyle Designs, Micki's Laundromat, Vicker