$75,000 Not Disclosed South Kingstown, RI

MLS: 1247296   Type: Commercial   County: Washington   City: South Kingstown   Neighborhood: Uri Emporium   Zip: 02881   Style: Business  

Mortgage $352 /mo

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1987

South County Restaurant established in 2015 and has been growing each year since. Located in a high traffic plaza close to the University of Rhode Island. Known for exceptional service and great value. It has a loyal and ever expanding customer base that considers it as the premiere full service dining establishment in the area. It is the only full service restaurant in the area and has the largest seating capacity. It occupies 2400 square feet including 2 adjoining dining rooms which currently seat 64 guests. With the two dining rooms you have the ability to hold a private function while still accommodating walk-in guests. In the kitchen you will find all state of the art equipment along with plenty of storage and refrigeration. Completely remodeled in 2015 including kitchen equipment and refrigeration. In 2019 a new heating and central AC system was installed along with a new hot water heater. Breakfast is served all day and classic deli style sandwiches, fresh wraps, and burgers are served at lunch. Whether you are looking to get into the restaurant business, are a chef looking to go out on your own, or are already in the business and looking to expand this South County Restaurant is a fantastic turn-key opportunity. You can walk right into an established well known and profitable restaurant with opportunity for growth.

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Price History

2/14/2020 Listed $110,000
6/17/2020 5% - $105,000
7/15/2020 15% - $89,900
9/29/2020 17% - $75,000

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Construction Materials Frame
Cooling Central Air
Electric Circuit Breakers
HOA Fee 0
Heating Gas
Land Lease Y/N No
Property SubType Business
Property Type Commercial Sale
Sewer Connected
Subdivision Name URI Emporium
Total Units 1
Utilities Natural Gas Connected, Municipal Utilities, Water Connected
Virtual Tour https://tour.RiLiving.com/99-Fortin-RD-South-Kingstown-RI-02881

Interior Features

Above Grade Finished Area 0
Air Conditioning Y/N Yes
Total Baths 0

Exterior Features

Lot Size Area 191664
Lot Size Square Feet 191664
Number of Buildings 1
Road Surface Type Asphalt, Paved
Total Parking 50
Water Source Connected, Water Tap Fee

Property Schools



Direct Link:

https://www.albertrealtors.com/property/18-1247296-Not-Disclosed-South-Kingstown-RI-02881

Gallery (8 photos)

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Property vs Zip Code Avg (02881)

Price 75K Avg 75K

Visits 44 Avg 44

Days on Site 456 Avg 456

Walkscore® 45 Avg 45

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Coldwell Banker Coastal Homes




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Location & Address

Albert Realtors
1050 Reservoir Avenue
Cranston, RI
401-246-8693
401-944-3448