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$ 350,000
Est. payment /mo
Active
1650 Nooseneck Hill RD Coventry, RI 02816
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $70
MLS Listing ID 1405037
HOA Fees $1,000
HOA Y/N No
Abv Grd Liv Area 5,000
Lot Size 1.084 Acres
Property Sub-Type Business
Property Description
Exceptional opportunity to acquire a recently renovated, elegantly appointed restaurant in a prime, high-visibility location within a growing community. This impressive 5,000 SF facility offers seating for approximately 180 guests and is thoughtfully designed to support high-volume dining, private events, and bar service. The restaurant operates under a favorable lease with base rent of $6,000 per month plus $1,000 CAM, with the current lease secured through early 2028, providing operational stability and long-term confidence. The layout offers an efficient flow between dining areas, bar, and kitchen, making it ideal for an experienced operator seeking to expand or relocate into this evolving market. A full liquor license is included in the sale, presenting significant revenue opportunity. The restaurant is currently open limited hours (4:30 PM 9:00 PM), offering meaningful upside potential through expanded lunch service, extended evening hours, catering, private events, or additional revenue channels. This is a business-only sale (no real estate). The sale does not include the existing business name or menus, providing a clean slate for rebranding or concept transformation. Asset list to be provided. Seller is pursuing other interests. An outstanding opportunity for an experienced restaurateur looking to add a location or establish a presence in a growing community with strong fundamentals and growth potential.
Location
State RI
County Kent
Interior
Inclusions List of business equipment to be provided
Exterior
Utilities Available Sewer Connected
Street Surface Asphalt
Total Parking Spaces 100
Building
Sewer Connected
New Construction No
Others
Tax ID 1650NOOSENECKHILLRDCVEN
Virtual Tour https://tour.RiLiving.com/1650-Nooseneck-Hill-Road-Coventry-RI-02816
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Listed by Lila Delman Compass