Price Reduction - Waterfront - Golf Course - Seller Financing - Lease to Own
Address
40 Narragansett Avenue, Jamestown, RI
Price
$ 179,900
Property Attributes
  • MLS#1351810
  • TypeSingle Family
  • CountyNEWPORT
  • CityJamestown
  • NeighborhoodDowntown Jamestown
  • Zip02835
  • StyleBusiness
  • Price$ 179,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1920
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Presenting an exciting business opportunity in the heart of downtown Jamestown, RI. Chopmist Charlie's has been a cornerstone of Jamestown's dining scene for 27 years. Recently renovated and fully turnkey, it offers a seamless transition to new owners. The location is a stone's throw from the waterfront and enjoys prime visibility and coveted off-street parking. The 1,920 sq.ft. restaurant space offers seating for up to 100 guests, a cozy bar, and a lower-level with storage, a walk-in cooler, and freezer. All kitchen line equipment will convey including ovens, friers, deli cases and prep units. New HVAC and plumbing systems too! And a full liquor license in Jamestown is only $400/yr. Aspiring restauranteurs and seasoned professionals alike - don't miss the opportunity to write the next chapter of this beloved Jamestown restaurant's history. *This is a business only sale and does not include real estate.

Price History
2/6/2024 Listed $225,000
4/13/2024 14% - $195,000
5/2/2024 8% - $179,900

General Features

Sewer Connected,StormSewer
Heating ForcedAir
Cooling Ductless,WallUnits
Utilities ElectricityAvailable,NaturalGasAvailable,MunicipalUtilities,PhoneAvailable,WaterConnected,SewerConnected
Possession Immediately
Security Features CarbonMonoxideDetectors,FireAlarm,SecurityLights,BuildingSecurity,FireSprinklerSystem
Construction Materials Frame
Year Built 1926
Electric Item3Phase,Item200AmpService,CircuitBreakers
Tenant Pays AirConditioning,Electricity,Gas,HVACMaintenance,Heat,HotWater,JanitorialService,ParkingFee,Repairs,SnowRemoval,SeeRemarks,Sewer,TrashCollection,Telephone,Water
Property SubType Business
Tax Year 2023
OwnerPays ExteriorMaintenance,GroundsCare,Insurance,ParkingFee,RoofMaintenance,SnowRemoval,Taxes
Business Type DeliCatering,FoodBeverage,Restaurant
Community Features Golf,HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts,StreetLights,Sidewalks
Business Name Islandish Marketplace by Chopmist Charlie's
County Newport
New Construction No
Property Type BusinessOpportunity
HOA / Comm Assn No
Attached Garage No
Subdivision Name Downtown Jamestown
Garage Y/N No
Building Features PublicRestrooms
Status Active
City Jamestown
Buyer Agent Compensation 2 % NS
View Y/N No
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 0.0
Waterfront Y/N No
Carport Y/N No
Street Name Narragansett
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 0.0
Home Warranty Y/N No
Lease Renewal Y/N Yes
Additional Parcels Y/N No
Leasable Area 1920.0
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 87
Lease Type Net
Standard Status Active
Tax Lot 471
Property Sub Type Additional Business
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1920.0
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Water Source Connected,Public
Total Parking 10.0
Lot Size Area 0.0
Foundation Details ConcretePerimeter,Stone
Number of Buildings 1
Spa No
Building Area Total 1920.0
Road Surface Type Asphalt
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02835

Price
AVG $4.22M
$180K
Visits
AVG 131
412
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1926

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