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54 R High Street

Westerly, RI 02891
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 159 Days
  • MLS #: 170615410
Under Contract
$400,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1900
County:
Area:

School Ratings & Info

Description

Captivating Riverfront Restaurant Opportunity in Downtown Westerly - Your Gateway to Success! Unveil the potential of a lifetime with this extraordinary offering: a rare gem, one of only two riverfront restaurants in the enchanting downtown Westerly. Behold this turnkey, two-story culinary haven that not only captivates with its stunning location but also promises a seamless transition into ownership. Prime Location: Positioned in the heart of downtown Westerly, this restaurant location commands a coveted spot among only two riverfront restaurants in the area. This prime locale ensures a steady flow of foot traffic and captivates patrons with scenic views, creating an unparalleled dining experience. Immaculate Condition: Meticulously maintained, presented in an absolutely immaculate, like-new condition, inviting customers into a space where every detail exudes excellence. Fully Equipped Turnkey Operation: This fully equipped, turnkey restaurant allows for a smooth transition of ownership. From state-of-the-art kitchen facilities to inviting dining spaces, everything is in place for the next visionary operator to take the helm and thrive. Riverfront Patio Seating: Elevate the dining experience with a picturesque riverfront patio. Guests can savor delectable meals while immersed in the breathtaking views, creating a dining ambiance that is truly unparalleled. It's not just a restaurant; it's an experience.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-05-26T00:11:15.267.
www.faifmangroup.com/homes/146126047
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54 R High Street Westerly, RI 02891

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 159 Days
  • MLS #: 170615410
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1900
Built
Neighborhood:
Downtown
County:
Washington
Area:
Westerly
Property Description
Captivating Riverfront Restaurant Opportunity in Downtown Westerly - Your Gateway to Success! Unveil the potential of a lifetime with this extraordinary offering: a rare gem, one of only two riverfront restaurants in the enchanting downtown Westerly. Behold this turnkey, two-story culinary haven that not only captivates with its stunning location but also promises a seamless transition into ownership. Prime Location: Positioned in the heart of downtown Westerly, this restaurant location commands a coveted spot among only two riverfront restaurants in the area. This prime locale ensures a steady flow of foot traffic and captivates patrons with scenic views, creating an unparalleled dining experience. Immaculate Condition: Meticulously maintained, presented in an absolutely immaculate, like-new condition, inviting customers into a space where every detail exudes excellence. Fully Equipped Turnkey Operation: This fully equipped, turnkey restaurant allows for a smooth transition of ownership. From state-of-the-art kitchen facilities to inviting dining spaces, everything is in place for the next visionary operator to take the helm and thrive. Riverfront Patio Seating: Elevate the dining experience with a picturesque riverfront patio. Guests can savor delectable meals while immersed in the breathtaking views, creating a dining ambiance that is truly unparalleled. It's not just a restaurant; it's an experience.
Exterior Features

Exterior Features AwningsDoors - under 10 ftGuttersLightingSidewalk Garage And Parking PavedOn Street Parking Parking Spaces Covered 0 Road Frontage Description Municipal Street Roof Information FlatMembrane

Interior Features

Ceiling Height 912 Cooling System Central AirDuctlessSplit System Flooring Ceramic TileTileVinylWood Heat Type Heat PumpHot Air Interior Features Fire Suppression System Number Of Docks 0 Number Of Overhead Doors 0 Number Of Restrooms 3 Sq Ft Total 3040

Property Features

Accessibility Features Accessible BathBath Grab Bars Ada Compliant YN Yes Additional Space Available YN No Agent Owner YN No Bank Owned Property No Business Name The Shallows Elevation Certificate YN No Equipment Included Please see full itemized list in attachments. Equipment Value Estimated 500000 Flood Zone YN Yes Foundation Type BrickMasonry Heat Fuel Type Electric Inventory Included YN No Land Included With Business Business Only (No Real Estate) Landlord Requirements Credit CheckReferences RequiredSecurity DepositLease Required Landlord Responibility Sewer Lease Years Remaining 0 Location Downtown Monthly Lease Amount 6000 New Construction Type No/Resale Potential Use Retail Present Use Restaurant/Tavern Sewage System Public Sewer Connected Space Is Leased YN Yes Subdividable YN No Tax Year July 2021-June 2022 Tenant Responsibility All UtilitiesCapital ImprovementsCommon Area MaintenanceCredit CheckGrounds MaintenanceInsuranceJanitorial ServiceLiability InsuranceMaintenance/RepairsMechanicalsSnow RemovalTrash ServiceWater Utilities Available ElectricGasTelephoneCableFire Suppression System Water Source Public Water Connected Year Business Established 5 Zoning DC

Listing information © 2024 Smart MLS
Listing provided courtesy of David Cappucci of KEY Real Estate Services LLC: (401) 661-9040.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-05-26T00:11:15.267.
 
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