Address
332 Farnum Pike, Smithfield, RI
Price
$ 1,390,000
Property Attributes
  • MLS#1350679
  • TypeCommercial
  • CountyPROVIDENCE
  • CitySmithfield
  • NeighborhoodSmithfield
  • Zip02917
  • StyleCommercial
  • Year Built1958
  • Taxes$ 13318
  • Price$ 1,390,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5866
  • Lot Size1.70999 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Very rare opportunity to own and operate your own restaurant and bar. Pay yourself the rent! Perfect location and high traffic for nothing but success. Turnkey and ready for you to be successful! 70 parking spots an 199 seats inside and many more on fenced patio. This is a great way to expand your already existing franchise or start new business. Bryant University, Fidelity, Navigant Credit Union are just a few of the large companies in the area. Do not hesitate!!!

Price History
1/8/2024 Listed $1,390,000

General Features

Sewer PublicSewer,Sanitary
Heating ForcedAir,Gas
Cooling CentralAir
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected
Security Features SecuritySystemOwned,FireAlarm,FireSprinklerSystem
Construction Materials Frame
Year Built 1958
Electric Item200AmpService
Property SubType Commercial
Tax Year 2022
Business Type Restaurant
Community Features Golf,HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Smithfield
Possible Use Commercial
Garage Y/N No
Status Active
City Smithfield
View Y/N No
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 74487.0
Waterfront Y/N No
Carport Y/N No
Street Name Farnum
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 13318.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/332-Farnum-PIKE-Smithfield-RI-02917
Days on Market 87
Standard Status Active
Tax Assessed Value 712200
Tax Lot 51A
Ownership Type LLC
MobileHomeRemainsYN No

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 5866.0
Street Suffix Pike
Electric On Property Y/N No

Exterior Features

Water Source Connected,Public
Total Parking 70.0
Lot Size Area 74487.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 5866.0
Road Surface Type Asphalt
Lot Size Units SquareFeet
Road Frontage Type StateRoad
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02917

Price
AVG $2.22M
$1.39M
Taxes
AVG $8,348
$13,318
Visits
AVG 181
225
Data Provided by Inside Real Estate®
Year Built
AVG 1987
1958