2 Watson Ave Jamestown, RI 02835

Price
Not For Sale
Last Update
Nov 22nd, 2020
Type
Off Market
Status
Off Market
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2063 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.16 acres
Property Sqft
2,063
MLS Number
1242527
Year Built
1970
Days On Market

Description

Unique Business Opportunity in Jamestown Village: The beloved Village Hearth Bakery & Cafe, a highly successful artisan cafe, bakery, and wood-fired pizzeria with wine, beer & entertainment licenses, is available for the first time in 19 years! This highly successful and profitable business is being offered for $399,000 for the turn-key business with all furniture and equipment, with a lease of the building. Features incl.: a state-of-the-art kitchen w/ new hood & fire suppressant system, a masonry wood-fired oven that produces large quantities of bread and pizzas, indoor seating capacity of 40 w/ an additional 22 seasonal seats on the outdoor deck, a new roof, and new energy-efficient solar panels generating 60% of its electricity. In an ideal Jamestown Village location, it sits at a highly-trafficked intersection next to a Cumberland Farms gas station and across from a busy playground, library and cultural arts center. Ample on-street parking. This cafe enjoys wide popularity, a large customer base and high cash flow. While the current owners have intentionally limited the days of operation to enjoy Jamestown's island lifestyle, there is great potential for expansion of the days/hours of operation for additional revenue. P&L statement is available to qualified buyers. A unique opportunity with terrific cash flow, or expand the hours/days of operation for even greater profitability! Also offered at $1,074,000 including the real estate, with possible seller financing.

More Details

Provider
Lila Delman Real Estate, Ltd.
MLS ID
SWMLSRI
MLS Name
State Wide MLS of Rhode Island, Inc.
MLS Number
1242527
Source
listhub
PARTICIPANT
Name
Erica Gregg
Primary Phone
(401) 595-3235
Key
3YD-SWMLSRI-30178
Email
erica.gregg@liladelman.com
BROKER
Name
Lila Delman Compass
Phone
(401) 789-6666
OFFICE
Name
Lila Delman Compass
Phone
(401) 423-3440
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$399,000 $193Lila Delman Compass
Price Changed$399,000 -30.49%$193Lila Delman Compass
Listed For Sale$574,000 $278Lila Delman Compass
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Nearby Schools

Middle School

Jamestown School - Lawn

0.2 miles away05 - 08

Elementary School

Jamestown School - Melrose

0.3 miles awayPK - 04