501 High Street, South Kingstown, Commercial

$ 79,000
501 High Street,
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Overview

  • Updated On:
  • September 14, 2024

Description

Have you ever wanted to own your own restaurant? This is a great opportunity to purchase a turn key operation. This business has had tremendous growth over the past few years with room to still make it your own! It is currently voted best BBQ in Rhode Island, right here in downtown South Kingstown. If you pop in on any evening or Saturday afternoon you will quickly see they have a huge local following with regulars everywhere you look. The waitresses know their orders before they even sit down! They have also established a thriving catering business to work out of the existing kitchen to maximize profitability even during non business hours. They are fully staffed and are willing to help after closing to create a smooth transition for any buyer.

Address: 501 High Street
State/County:
Zip: 02879
Country: US
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Property Id : 324467
Price: $ 79,000
Bridge Modification Timestamp: 2024-09-14T04:33:00.580Z
Building Area Total: 2108
Business Name: The Flatts Smokehouse
Business Type: Bar/Tavern/Lounge,Food & Beverage,Restaurant
Construction Materials: Frame
Contract Status Change Date: 2024-09-03
Electric: 200 Amps,Circuit Breakers
Existing Lease Type: NNN
Inclusions: Full inventory, Menu, recipes, Full liquor license, Vendor information, full list of kitchen and restaurant equipment available.
Lease Assignable Y/N: 1
List Agent Direct Phone: 401-218-2060
List Agent Email: Jcinquegrana@kw.com
List Agent Full Name: Jacquelyn Cinquegrana
Listing Contract Date: 2024-09-03
Listing Id: 1367623
Living Area Units: Square Feet
Lot Features: Downtown,Free Standing
Lot Size Area: 12196
Lot Size Square Feet: 12196
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-09-14T04:32:17.337Z
Number Of Buildings: 1
Number of Units in Community: 1
Number of Units Total: 1
Occupant Type: Tenant
Original Entry Timestamp: 2024-09-03T12:32:09.750Z
Original List Price: 79000
Parking Total: 15
Possible Use: Food Service
Road Frontage Type: High Traffic,Sidewalks,State Road
Road Surface Type: Blacktop
Seating Capacity: 48
Security Features: Closed Circuit Camera(s),Fire Alarm
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-09-03T12:32:09.750Z
Street Name: High
Street Number: 501
Street Suffix: Street
Tax Annual Amount: 0
Tax Year: 2023
Year Built: 1900
Year Established: 2018
Years Current Owner: 4
$ 306.30
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 306.30

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Alyse Antone Smyth, Esq.