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$150,000

  • Sold
  • Closed
  • Business
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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.

Full Property Details for 40 Narragansett Ave

General

  • Sold For: $150,000
  • Taxes: (2023)
  • Status: Closed
  • Type: Business
  • Source: STWMLS
  • MLS ID: 1351810
  • Added to Site: 869 day(s) ago

Business

  • Name: Islandish Marketplace by Chopmist Charlie's
  • Business Type: Deli/Catering, Food & Beverage, Restaurant
  • Year Established: 1996

Rental Information

  • Lease Info: Net

Additional Information

  • Tennis: Yes
  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Security Lights, Building Security, Fire Sprinkler System

Parking

  • Total Spaces: 10

Location

  • County: Newport
  • Subdivision: Downtown Jamestown
  • Near Highway: Yes

Community

  • Units Assoc/Comm: 1

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless, Wall Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Connected, Storm Sewer
  • Water: Connected, Public
  • Utility Description: Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Sewer Connected

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Frame
  • Stories/Levels: 0
  • Building Size: 1920
  • Finished Total: 1,920 Sq. Ft.
  • Finished Above Grnd: 1,920 Sq. Ft.
  • Year Built: 1926
  • Other Struct. Feat.: Public Restrooms

Lot Features

  • Street Lights: Yes
  • Sidewalks: Yes

Financial Considerations

  • Tax Year: 2023
  • Terms: Lease, Lease Option, Owner May Carry
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Parking Fee, Roof Maintenance, Snow Removal, Taxes
  • Tenant Pays: Air Conditioning, Electricity, Gas, HVAC Maintenance, Heat, Hot Water, Janitorial Service, Parking Fee, Repairs, Snow Removal, See Remarks, Sewer, Trash Collection, Telephone, Water

Disclosures and Reports

  • Documents Avail.: License(s)
  • Property ID: 40NARRAGANSETTAVJAME
  • Lot Number: 471

Listed by Williams & Stuart Real Estate

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— 40 Narragansett Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 40 Narragansett Ave

School District:Jamestown School District
NameGradesDistance
Jamestown School-Lawn
55 Lawn Avenue, Jamestown, RI 02835
5-80.5 mi
Jamestown School-Melrose
76 Melrose Avenue, Jamestown, RI 02835
PK-40.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Narragansett Ave

Date
Details
Price
Change
Source
9/24/2024
Sold
$150,000
0.07%
MLS
6/07/2024
Price Reduced
$149,900
-16.68%
MLS
5/02/2024
Price Reduced
$179,900
-7.74%
MLS
4/13/2024
Price Reduced
$195,000
-13.33%
MLS
2/05/2024
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Williams & Stuart Real Estate

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Sold by Ed Izeman

40 Narragansett Avenue, Jamestown, RI 02835 (MLS# 1351810) is a Business property that was sold at $150,000 on September 24, 2024. Want to learn more about 40 Narragansett Avenue? Do you have questions about finding other Business real estate for sale in Jamestown? You can browse all Jamestown real estate or contact a Coldwell Banker agent to request more information.