209 Main St

Investment Highlights

Heavily travelled road--main artery into Westerly--1 Mile from Rt 95 Room for outdoor expansion. Totally remodeled recently all equipment recently new to include high end kitchen equipment

Executive Summary

Newly listed and newly renovated completely from the inside basement to restaurant proper and exterior this turn key restaurant with high end fixtures and kitchen equipment is located just 1 mile from Rt 95 in the quaint village of Ashaway. The location of this gem is on a highly traveled State road (rt3) the main artery into Westerly sees thousands of vehicles a day and triple that in the summer months. It is ripe to be run as a Farm to Table restaurant serving all three meals or a coffee shop or whatever type of hospitality industry you wish. The bar area offers a quant meet up place for a quick drink or to eat. The restaurant seats approximately 88 people and has plenty of parking around the back. The side of the restaurant offers potentially a great outdoor seating area with a service window already in place. Has well and a septic system that was replaced recently. The equipment and restaurant is basically brand new waiting for its new owners to come make it a reality. It can not be stressed enough, this restaurant is a beauty with all the bells and whistles ready to be up and running immediately! A Generac Standby generator is also brand new on site and negotiable, making your restaurant bulletproof!!! Call today for your private showing!

• Sale Type    Investment or Owner User
• Sale Conditions    1031 Exchange 1031 Exchange Bulk/Portfolio Sale 1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,344
• Building Class    B
• Year Built    1960
• Price    1,350,000
• Price Per SF    404
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.13
• Land Acres    0.60 AC

• Pylon Sign
• Restaurant
• Signage
• Storage Space
• Air Conditioning