Overview
- Updated On:
- November 9, 2024
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.
Address: 501 Park Avenue
City: Portsmouth
State/County: Newport
Zip: 02871
Country: US
Open In Google Maps Property Id : 289600
Price: $ 1,200,000
Bridge Modification Timestamp: 2024-11-09T21:10:45.703Z
Building Area Total: 1449
Business Name: Graziano's 501 Cafe
Business Type: Restaurant
Community Features: Marina,Shopping,Near Swimming
Construction Materials: Frame
Contract Status Change Date: 2024-08-19
Electric: 100 Amp Service,Circuit Breakers
Foundation Details: Concrete Perimeter
List Agent Direct Phone: 401-255-5530
List Agent Email: Doug@BroadwayReg.com
List Agent Full Name: Doug Jeffrey
Listing Contract Date: 2024-08-19
Listing Id: 1366544
Living Area Units: Square Feet
Lot Features: Suburban
Lot Size Area: 15000
Lot Size Square Feet: 15000
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-09T21:08:23.633Z
Number Of Buildings: 1
Number of Units in Community: 1
Number of Units Total: 1
Original Entry Timestamp: 2024-08-19T15:09:35.013Z
Original List Price: 1200000
Ownership Type: LLC
Parking Total: 24
Possible Use: Food Service
Road Frontage Type: Municipal
Sewer: Septic Tank
State or Province: RI
Status Change Timestamp: 2024-08-19T15:09:35.013Z
Stories: 1
Street Name: Park
Street Number: 501
Street Suffix: Avenue
Tax Annual Amount: 2665
Tax Year: 2024
Water Source: Connected
Year Built: 1950
Other Features
Ceiling Height: 7-9 Ft
$ 4,652.64
per month- Principal and Interest
- Property Tax
- HOA fee
$ 4,652.64
Similar Listings
2121 Elmwood Avenue, Warwick, Commercial
$ 759,900
Solid 5 Unit Commercial building located on high traffic Rt.1 and Elmwood Ave. A large War ...
Solid 5 Unit Commercial building located on high traffic Rt.1 and Elmwood Ave. A large Warehouse/retail space has o ...
422 High Street, Cumberland, Commercial
$ 660,000
Residential/Commercial Great investment OPORTUNITY at 422 HIGH St, Cumberland, RI. Include ...
Residential/Commercial Great investment OPORTUNITY at 422 HIGH St, Cumberland, RI. Include Bar restaurant completel ...
1208 Ocean Road Road, Narragansett, Commerci...
$ 1
Located inside The Break Hotel in Narragansett, this is a once in a lifetime opportunity t ...
Located inside The Break Hotel in Narragansett, this is a once in a lifetime opportunity to operate and own a resta ...
559 Branch Avenue, Providence, Commercial
$ 549,900
Multi-family opportunity! Located in an excellent location, right off 146 and 95, you can ...
Multi-family opportunity! Located in an excellent location, right off 146 and 95, you can conveniently be on your w ...
