Print ThisThames Street Building for Sale
677 Thames Street
Property Description
This is a rare opportunity to purchase a well maintained building on Thames Street in Newport, RI. This single level restaurant has had a history of successful tenants, in the more recent years it has been the home of both ‘Thames Street Kitchen’ and ‘Winner Winner’. This building is ideal for either the owner operator looking to secure a space on Thames street, or the investor who is looking to expand their real estate portfolio.
Property Details
Address: 677 Thames Street, Newport, RI
Buillding Size: 1,318
Lot Size: 0.06 Acres
Sale Price: $590,000 for the Building - Business $129,000
Bathrooms: One
Sewer: Public Connected
Water: Public Connected
Available Space: 1,318 SqFt
Taxes: $5,622/ Year for 2020 Tax Rate
Plat: 39
Lot: 055
Year Built: 1950
Unit Descriptions:
The restaurant enterprise owns FF&E which in the kitchen includes rotisserie, 3 frialators, 3 bay sinks, mop sink & hand sink.(see equipment list below) Exterior refrigeration along with dry storage & one parking space. The business has thrived during these difficult times. The community continues to support the operation and to enjoy the amazing secret recipe chicken on a take out basis. Winner Winner is a standard restaurant with ~45 seat dining area. (pre-Covid)
- In addition to the sale of the building, the business in place ‘Winner Winner’ is for sale for: $129,000. Please reach out for additional information on this award winning operation.
- The property and Business may be purchased separately.
- The Limited Business Zoning (see PDF below) offers several commercial and residential use options.
- 2 Valuable Curb Cuts
Location: Thames Street : Fifth Ward
Frontage: 45/ on Thames St / 28' on Potter St
Parking: 3 Parking Spaces (note. garage belongs to neighbor)
Heat / Air: Gas Hear: Forced Hot Air & Central Air
Zoning: Limited Business (LB)-
Virtual PDFs:
https://kirbyprop.com/site/wp-content/uploads/2020/12/677-Thames-Street-Floorplan.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Limited-Business.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Equipment-Inventory.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Frontage.pdf
https://kirbyprop.com/site/wp-content/uploads/2020/12/677-Thames-Street-Floorplan.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Limited-Business.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Equipment-Inventory.pdf https://kirbyprop.com/site/wp-content/uploads/2020/12/Frontage.pdf
677 Thames Street, Newport, RI,