325 Farnum Pike Smithfield

$2,750,000
500,940 sq ft

The Property

** Potential subdivision, buyer responsible for all due diligence

Junior Olympic-sized swimming pool tropical-style tiki bar Massive party tent for events Sand volleyball court 6 poolside cabanas Outdoor stage for live music/performances Over 50 outdoor dining tables 3 separate dining areas with full kitchen Hardwood floors and elegant finishes Cathedral ceilings for spacious upscale feel 2 full-service bars Indoor stage Parking for 200+ 1,000 sq. ft. storage building Set on 11.5-acre parcel which can be further developed $2,750,000 includes business and real estate. Business only 750k.

]The Last Resort is a legendary destination in Northern Rhode Island—and the only venue of its kind. Located on 11.5 acres in Smithfield, this fully operational, turn-key property offers a rare opportunity to own a dynamic, high-capacity venue that blends restaurant, nightclub, and outdoor resort-style entertainment.

This is a truly turn-key operation—ready for continued success as a high-energy music venue, day party destination, restaurant, or reinvented into something entirely new. With unmatched indoor/outdoor amenities and a long-standing reputation, The Last Resort presents a one-of-a-kind investment opportunity with untapped potential and future growth.

Inventory:

$55,000

Included in asking price:

Furniture, Fixtures, & Equipment (FF&E):

$450,000

Support & Training:

Support and training available upon discussion.

Read more

Listing Details

MLS Number

1397539

Lot Size:

11.50 acres

Features

  • Free Standing
  • Year Built: 1979

Market Trends for Commercial Properties
in Smithfield

  • Overview
    Homes for Sale Today19-82.2% decrease in inventory
    New on Market *2100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$153 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$625,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$109 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *71 decrease 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.

Listed by Archive Realty

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