Landmark Restaurant & Prime Real Estate in Smithfield, RI - $1.575M - Development Potential
Executive Overview
Key Investment Highlights
- •Prime location on over four acres adjacent to Bryant University
- •Established in 1983 with a 42-year legacy of pub-style dining
- •Includes building, land, furniture, fixtures, and equipment
- •Full Class B liquor license for 7-day operations from 8 AM to 1 AM
- •Seating capacity of 194, with indoor and outdoor deck options
Situated in a thriving community, this restaurant is perfectly positioned near Bryant University and the Rhode Island campus of Fidelity Investments, ensuring a steady stream of potential patrons. The area is experiencing significant growth, with new companies emerging along Route 116 and Route 7, enhancing the business prospects.
The property's location in a planned development zone provides exceptional opportunities for a forward-thinking entrepreneur. With the potential for constructing four luxury townhouse units, this site offers a unique combination of immediate business income and long-term real estate investment potential. The comprehensive package includes not just a successful restaurant, but a strategic property with multiple revenue streams.