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$300,000
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Property Description
Captivating Riverfront Restaurant Opportunity in Downtown Westerly - Your Gateway to Success! Unveil the potential of a lifetime with this extraordinary offering: a rare gem, one of only two riverfront restaurants in the enchanting downtown Westerly. Behold this turnkey, two-story culinary haven that not only captivates with its stunning location but also promises a seamless transition into ownership. Prime Location: Positioned in the heart of downtown Westerly, this restaurant location commands a coveted spot among only two riverfront restaurants in the area. This prime locale ensures a steady flow of foot traffic and captivates patrons with scenic views, creating an unparalleled dining experience. Immaculate Condition: Meticulously maintained, presented in an absolutely immaculate, like-new condition, inviting customers into a space where every detail exudes excellence. Fully Equipped Turnkey Operation: This fully equipped, turnkey restaurant allows for a smooth transition of ownership. From state-of-the-art kitchen facilities to inviting dining spaces, everything is in place for the next visionary operator to take the helm and thrive. Riverfront Patio Seating: Elevate the dining experience with a picturesque riverfront patio. Guests can savor delectable meals while immersed in the breathtaking views, creating a dining ambiance that is truly unparalleled. It's not just a restaurant; it's an experience.
Full Property Details
Full Property Details for 54R High St
General
- Sold For: $300,000
- Taxes: (July 2021-June 2022)
- Status: Closed
- Type: Business
- Source: SMARTMLS
- MLS ID: 170615410
- Added to Site: 795 day(s) ago
Business
- Name: The Shallows
- Year Established: 5
- Seating Capacity: 112
Interior
- Interior Features: Fire Suppression System
- Flooring: Ceramic Tile, Tile, Vinyl, Wood
Rooms
Bathrooms
- Restrooms: 3
Additional Information
- Equipment Included: Yes
Exterior
- Exterior Features: Awnings, Doors - under 10 ft, Gutters, Lighting, Sidewalk
Parking
- Parking: Paved, On Street Parking
Location
- County: Washington
- Neighborhood: Downtown
- Driving Directions: Downtown Westerly, RI in the rear of the "Perks and Corks" building.
Community
- Community Name: Downtown
Heating & Cooling
- Cooling Type: Central Air, Ductless, Split System
- Heating Type: Heat Pump, Hot Air, Electric
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable, Fire Suppression System
Structural Information
- Construction Status: No/Resale
- Roof: Flat, Membrane
- Ceiling Height: 912
- Amps: 400
- Disability Access: Accessible Bath, Bath Grab Bars
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,040
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Restaurant/Tavern
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.36
- Frontage: Municipal Street
- Present Use: Restaurant/Tavern
- Potential Use: Retail
- Zoning: DC
Financial Considerations
- Assessment Amount: $263,053
- Tax Year: July 2021-June 2022
- Tenant Pays: All Utilities, Capital Improvements, Common Area Maintenance, Credit Check, Grounds Maintenance, Insurance, Janitorial Service, Liability Insurance, Maintenance/Repairs, Mechanicals, Snow Removal, Trash Service, Water
Disclosures and Reports
- Documents Avail.: None
- Flood Zone: Yes
- Property ID: 999999999
Listed by KEY Real Estate Services LLC, David Cappucci
Sold by Coldwell Banker Coastal Homes, Heather Morrone
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Schools
Schools serving 54R High St
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 0.6 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 54R High St
Date
Details
Price
Change
Source
8/01/2024
Sold
$300,000
-25%
MLS
2/28/2024
Price Reduced
$400,000
-20%
MLS
12/18/2023
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
54 R High Street, Westerly, RI 02891 (MLS# 170615410) is a Business property that was sold at $300,000 on August 01, 2024. Want to learn more about 54 R High Street? Do you have questions about finding other Business real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.
