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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,679 sqft
Price per Sqft $427
Subdivision Village
MLS Listing ID 1277984
Sold Date 10/21/21
HOA Y/N No
Abv Grd Liv Area 4,679
Year Built 1900
Annual Tax Amount $10,986
Tax Year 2020
Lot Size 0.303 Acres
Property Description
13 Narragansett Avenue is located in the heart of picturesque Jamestown village with stunning views of the Newport Bridge and Narragansett Bay. This is a vibrant hub of excellent food and beautiful ambiance. Turn-key and well maintained, the property has multiple levels of convertible dining spaces, both indoor and outdoor, with a seating capacity for 235 guests. Mature landscaping and the landmark beech tree anchor the 3 bars, 4 plus dining rooms, and a multitude of gathering spots. Outdoor spaces include the 98' x 20' garden dining area, the 11' x 66' Knot Deck outdoor area as well as other spaces. The sale includes both the real estate, most kitchen equipment, and a modern, legal 1 bedroom penthouse apartment on the third level. The restaurant has had substantial renovations and improvements throughout the past 8+ years, including a greatly expanded Kitchen, now 49' x 20', numerous storage rooms, office spaces, and conference rooms. Conveniently located a block from the waterfront, marinas, downtown shopping and seasonal ferry service, this is an especially unique opportunity. Further details are available to qualified buyers upon request.
Location
State RI
County Newport
Community Village
Zoning CD
Rooms
Basement Full
Interior
Heating Baseboard, Individual, Radiant
Cooling None
Laundry In Unit
Exterior
Community Features Business Center, Golf, Highway Access, Marina, Near Hospital, Near Schools, Playground, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), High Traffic Location, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Not Available, Municipal Utilities, Phone Available, Sewer Connected, Water Connected
Amenities Available Business Center, Playground, Restaurant, Tennis Court(s)
View Y/N Yes
View Water
Present Use Multi-Family
Street Surface Concrete
Total Parking Spaces 12
Building
Building Description Frame, Public Restrooms
Foundation Combination, Concrete Perimeter, Slab, See Remarks, Stone
Sewer Connected, Public Sewer, Storm Sewer
Water Connected, Public
Structure Type Frame
New Construction No
Others
Tax ID 13NARRAGANSETTAVJAME
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Fire Sprinkler System
Financing Cash
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Bought with Lila Delman Compass