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$350,000 Just Listed
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Property Description
Exceptional opportunity to acquire a recently renovated, elegantly appointed restaurant in a prime, high-visibility location within a growing community. This impressive 5,000 SF facility offers seating for approximately 180 guests and is thoughtfully designed to support high-volume dining, private events, and bar service. The restaurant operates under a favorable lease with base rent of $6,000 per month plus $1,000 CAM, with the current lease secured through early 2028, providing operational stability and long-term confidence. The layout offers an efficient flow between dining areas, bar, and kitchen, making it ideal for an experienced operator seeking to expand or relocate into this evolving market. A full liquor license is included in the sale, presenting significant revenue opportunity. The restaurant is currently open limited hours (4:30 PM 9:00 PM), offering meaningful upside potential through expanded lunch service, extended evening hours, catering, private events, or additional revenue channels. This is a business-only sale (no real estate). The sale does not include the existing business name or menus, providing a clean slate for rebranding or concept transformation. Asset list to be provided. Seller is pursuing other interests. An outstanding opportunity for an experienced restaurateur looking to add a location or establish a presence in a growing community with strong fundamentals and growth potential.
Full Property Details
Full Property Details for 1650 Nooseneck Hill Rd
General
- Price: $350,000
- HOA FEE: $1,000
- Status: Active
- Type: Business
- Source: STWMLS
- MLS ID: 1405037
- Updated: Today (2/16/2026)
- Added to Site: Today
Business
- Name: Pat's Italian
- Business Type: Restaurant
- Year Established: 8
- Seating Capacity: 180
Parking
- Total Spaces: 100
Location
- County: Kent
Community
- Units Assoc/Comm: 3
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Stories/Levels: 0
- Building Size: 5000
- Finished Total: 5,000 Sq. Ft.
- Finished Above Grnd: 5,000 Sq. Ft.
- Other Struct. Feat.: Public Restrooms
Lot Features
- Lot Size (Sq. Ft.): 47,229
- Lot Size: 47229
- Development Status: Subdivided
Financial Considerations
- Association Fee: $1,000
Disclosures and Reports
- Documents Avail.: Aerial
- Inclusions: List of business equipment to be provided
- Property ID: 1650NOOSENECKHILLRDCVEN
Listed by Lila Delman Compass
Get Pre-Approved Today
Schools
Schools serving 1650 Nooseneck Hill Rd
School District:Coventry School District
| Name | Grades | Distance |
|---|---|---|
Washington Oak School 801 Read School House Road, Coventry, RI 02816 | PK-5 | 3.4 mi |
Alan Shawn Feinstein Ms Of Cov 15 Foster Drive, Coventry, RI 02816 | 6-8 | 2.5 mi |
Coventry High School 40 Reservoir Road, Coventry, RI 02816 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1650 Nooseneck Hill Rd
Date
Details
Price
Change
Source
2/16/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1650 Nooseneck Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,173
—
$1,201,800
-2%
2024
$27,204
3%
$1,222,100
—
2023
$26,336
1%
$1,222,100
10%
2022
$26,175
1%
$1,109,600
—
2021
$25,954
-13%
$1,109,600
—
2020
$29,748
8%
$1,109,600
8%
2019
$27,630
3%
$1,030,600
—
2018
$26,850
3%
$1,030,700
—
2017
$26,066
100%
$1,030,700
-1%
2016
100%
$1,041,300
—
2015
100%
$1,041,300
—
2014
-100%
$1,041,300
-4%
2013
$24,449
—
$1,087,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1650 Nooseneck Hill Rd
1650 Nooseneck Hill Road, Coventry, RI 02816 (MLS# 1405037) is a Business property. 1650 Nooseneck Hill Road is currently listed for $350,000 and was received on February 16, 2026. Want to learn more about 1650 Nooseneck Hill Road? Do you have questions about finding other Business real estate for sale in Coventry? You can browse all Coventry real estate or contact a Coldwell Banker agent to request more information.

