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Graziano's 501 Cafe 501 Park Ave

1,449 SF Retail Building Portsmouth, RI 02871 £946,800 (£653/SF)

Investment Highlights

  • Near Portsmouth beaches
  • Financials available to qualified buyers
  • Short drive from route 24

Executive Summary

This thriving restaurant, situated in a highly desirable location near Portsmouth Beaches, boasts a dining room with over 50 seats, a full bar, and a spacious outdoor patio with seating for 30+. Just a short drive from Route 24, this year-round establishment enjoys a loyal customer base and solid financials. There’s ample opportunity to expand both operating hours and the menu, making it an attractive prospect for growth.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,449 SF
Building Class
C
Year Built
1950
Price
£946,800
Price Per SF
£653
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
0.34 AC
Zoning
C - Business
Parking
18 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
199 ft on Park Avenue

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • PORT-000021-000000-000160
  • 21 162
Land Assessment
£132,473
Improvements Assessment
£93,812
Total Assessment
£226,285
  • Listing ID: 32877778

  • Date on Market: 19/08/2024

  • Last Updated:

  • Address: 501 Park Ave, Portsmouth, RI 02871

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