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$40,000
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Property Description
Have you ever wanted to own your own restaurant? This is a great opportunity to purchase a turn key operation. This business has had tremendous growth over the past few years with room to still make it your own! It is currently voted best BBQ in Rhode Island, right here in downtown South Kingstown. If you pop in on any evening or Saturday afternoon you will quickly see they have a huge local following with regulars everywhere you look. The waitresses know their orders before they even sit down! They have also established a thriving catering business to work out of the existing kitchen to maximize profitability even during non business hours. They are fully staffed and are willing to help after closing to create a smooth transition for any buyer.
Full Property Details
Full Property Details for 501 High St
General
- Sold For: $40,000
- Taxes: (2023)
- Status: Closed
- Type: Business
- Source: STWMLS
- MLS ID: 1367623
Property History
- 501 High St, South Kingstown, RI
- Sold $40,000 on 9/30/24
- Listed $79,000 on 9/3/24
Business
- Name: The Flatts Smokehouse
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Year Established: 2018
- Seating Capacity: 48
Rental Information
- Lease Info: NNN
Additional Information
- Security/Safety: Closed Circuit Camera(s), Fire Alarm
Parking
- Total Spaces: 15
Location
- County: Washington
Community
- Units Assoc/Comm: 1
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Detached/Attached: Detached
- Construction: Frame
- Stories/Levels: 0
- Building Size: 2108
- Finished Total: 2,108 Sq. Ft.
- Finished Above Grnd: 2,108 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 12,196
- Lot Size: 12196
- Frontage: State Road, Asphalt
- Sidewalks: Yes
Financial Considerations
- Tax Year: 2023
Disclosures and Reports
- Inclusions: Full inventory, Menu, recipes, Full liquor license, Vendor information, full list of kitchen and restaurant equipment available.
- Property ID: 501HIGHSTSKNG
Listed and Sold by Keller Williams Coastal
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Schools
Schools serving 501 High St
School District:South Kingstown School District
| Name | Grades | Distance |
|---|---|---|
South Kingstown High School 215 Columbia Street, South Kingstown, RI 02879 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
501 High Street, South Kingstown, RI 02879 (MLS# 1367623) is a Business property that was sold at $40,000 on September 30, 2024. Want to learn more about 501 High Street? Do you have questions about finding other Business real estate for sale in South Kingstown? You can browse all South Kingstown real estate or contact a Coldwell Banker agent to request more information.

