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$280,000 Just Listed
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Property Description
Six year new Asian fusion restaurant business is for a new owner. Located just down the road from Bryant University in a busy intersection where Rt. 116 and 7 meet, in a popular & open strip center in Smithfield, Rhode Island, this restaurant is around 3000sf, has an OPEN kitchen, 20 outdoor, 30 indoor, and 15 bar seating with a full liquor license. Business and equipment is for sale at $280000, monthly rent is $6500. Flexible lease term at 5-10 year with 5 year options. Anchor stores are Dunkin donuts, 401 Fitness, and Condesa. Operational restaurant, Please do not disturb! Call or text listing agent for a private tour.
Full Property Details
Full Property Details for 970 Douglas Pike
General
- Price: $280,000
- Taxes: $20,000 (2025)
- Status: Active
- Type: Business
- Source: STWMLS
- MLS ID: 1413423
- Updated: 6/12/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Food & Beverage, Restaurant
- Year Established: 2020
- Seating Capacity: 65
Interior
- Furnished: Yes
- Furnishings: Furnished
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security Service
Parking
- Total Spaces: 20
Location
- County: Providence
- Subdivision: Bryant University
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Sewer: Connected, Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Construction: Masonry
- Basement Desc.: None
- Stories/Levels: 1
- Building Size: 3000
- Finished Total: 3,000 Sq. Ft.
- Finished Above Grnd: 3,000 Sq. Ft.
Lot Features
- Lot Size (Sq. Ft.): 130,680
- Lot Size: 130680
- Frontage: City Street, State Road, Asphalt, Concrete, Paved
- Street Lights: Yes
- Sidewalks: Yes
- Lot Features: Corner Lot
- Development Status: Subdivided
- Potential Use: Commercial
Financial Considerations
- Tax Amount: $20,000
- Tax Year: 2025
- Terms: Lease, Lease Option
- Owner Pays: Exterior Maintenance, Grounds Care, Snow Removal, Sewer, Taxes, Trash Collection, Water
Disclosures and Reports
- Documents Avail.: License(s)
- Property ID: 970DOUGLASPIKESMTH
Listed by Circle 100 Real Estate
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Price & Sales History for 970 Douglas Pike
Date
Details
Price
Change
Source
6/12/2026
Listed
$280,000
—
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 970 Douglas Pike
Year
Property Taxes
Change
Tax Assessment
Change
2025
$68,711
26%
$3,698,100
10%
2020
$54,422
—
$3,363,300
2%
2020
$54,422
—
$3,295,000
11%
2020
$54,422
—
$2,965,800
—
2019
$54,422
2%
$2,965,800
2%
2018
$53,492
—
$2,907,200
—
2017
$53,492
5%
$2,907,200
—
2016
$50,963
—
$2,907,200
—
2015
$51,080
7%
$2,907,200
-2%
2012
$47,720
—
$2,978,800
—
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 970 Douglas Pike
970 Douglas Pike, Smithfield, RI 02917 (MLS# 1413423) is a Business property. 970 Douglas Pike is currently listed for $280,000 and was received on June 12, 2026. Want to learn more about 970 Douglas Pike? Do you have questions about finding other Business real estate for sale in Smithfield? You can browse all Smithfield real estate or contact a Coldwell Banker agent to request more information.

