33 State St

33 State St , Narragansett, Rhode Island, 02882 | 9,133 sq.f | $ 675,000

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About This Restaurant

Investment Highlights

This is a waterfront restaurant location with beautiful views.

Executive Summary

Welcome to the Fishing Village of Galilee, Rhode Island hosting the Waterfront Restaurant/Tavern now available to purchase with 20-Year, Seller Lease back for long term Charter Fishing Fleet... The 2nd floor unit now available for lease and/or new owner use! Previous 4487 sq ft Waterfront Restaurant/Tavern with local Commercial and Charter Fishing community provides year-round support for your business. Flexible lease terms and build-out time will ensure a 2022 profitable summer season. Owner Financing Available... Easy show... Short notice OK!

Property Details

  • Sale Type    Owner User
  • Sale Conditions    Sale Leaseback Sale Leaseback Ground Lease (Leased Fee) Sale Leaseback
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    9,133
  • Building Class    C
  • Year Built    1975
  • Price    675,000
  • Price Per SF    74
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • 24 Hour Access
  • Bus Line
  • Property Manager on Site
  • Restaurant
  • Signage
  • Waterfront
  • Air Conditioning

Property Taxes

Parcel Number NARR-000243-I000000G-S000000 Improvements Assessment $0
Land Assessment $474,800 Total Assessment $474,800
Date Created: 2024-07-16 04:23:35 Last Updated: 2024-07-16 04:23:35
Address: 33 State St , Narragansett, Rhode Island, 02882