170 Franklin St - Restaurant FOR SALE


Bristol, RI 02809
$925,000 USD
401-480-8990
170 Franklin St, Bristol, RI for Sale
$925,000 USD
Restaurant - FOR SALE
1/17
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170 Franklin St
Bristol, RI 02809


OVERVIEW

Rare opportunity to own a beautiful single family home AND a neighborhood favorite restaurant, all in the same package. The Casual Inn is available for sale along side the 1440sq' 3br/2ba home just behind it (MLS 1398348). Both parcels must convey together. Asking price is for both properties combined. The Casual Inn has been serving the good folks of Bristol RI and a wide variety of out of town diners since 1969. With 90+ seats, 3 kitchen staff, 5 wait staff and a very loyal following, the current owner hopes that her successor will be able to carry on the Casual Inn's tradition with relative ease. A purchase here would include a 15' hood, ten burner range with double over, two fryers, one two burner griddle, one 3 tray steam warming table, above ground grease trap, two commercial freezers, three fridge/freezers, two chest freezers, ice machine, two low-boy coolers at the bar, liquor inventory, furniture, table ware & dry-stock. Roof is 2yrs old and skylights are watertight. Men's and women's bathrooms are well kept and sound system is operational. The building has second and third egress plus modern fire alarm with pull stations. What could you do with a completely set up F&B business and a loyal following?

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

GB

APN/PARCEL ID

BRIS-000023-000000-000037

ASK ABOUT THIS PROPERTY

Pete DufresneKeller Williams - Spectrum RE Consultants TeamMore Info
401-480-8990

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Pete DufresneKeller Williams - Spectrum RE Consultants TeamMore Info
401-480-8990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.