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0 Killingly Street Johnston

$150,000
0 150,000 sq ft

The Property

Established, well known, restaurant Full Liquor License and centrally located not far off Route 6. American casual food, with a simple but popular menu and a current manager in place. A focus on booking great live music every weekend, gets people in the door regularly.

1AM Closing License

Outdoor patio seating

Maximum occupancy as per fire marshal is 112.


Location: Johnston, RI

Real Estate: Leased. 2 years remaining on initial lease term, 2 x 5 year options.

Building SF:N/A

Owner performed renovations at the commencement of the lease 3 years ago.

Competition:

Business is in prime location; highly visible off a main street; with Off- street Lot parking right out front. Some outdoor seating, and focus on live music make this location primed for an owner to take this location to the next level.

Growth & Expansion:Opportunity to expand business with food delivery, extend day-time hours.

Reason for Selling:Owner wishes to retire overseas.

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Listing Details

MLS Number

1360468

Lot Size:

3.44 acres

Features

  • Type: Bar/Tavern/Lounge,Pizza,Restaurant

Market Trends for Commercial Properties
in Johnston

  • Overview
    Homes for Sale Today33-80.6% decrease in inventory
    New on Market *740% increase in new listings
    Avg. Asking Price/Sq.Ft. *$20.65$19 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

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