2 Watson Ave Jamestown, RI 02835

Price
Not For Sale
Last Update
Feb 4th, 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
1242496
Year Built
1970
Days On Market

Description

Unique Business Opportunity in Jamestown Village: The beloved Village Hearth Bakery & Cafe is available for the first time in 18 years. Highly successful artisan cafe, bakery, and wood-fired pizzeria with wine, beer and entertainment licenses. This fully equipped restaurant includes a new state-of-the-art kitchen w/ new hood and fire suppressant system and a masonry wood-fired oven that produces large quantities of bread and pizzas. Indoor seating capacity of 40 with an additional 22 seasonal seats on the outdoor deck, and a new roof and new energy-efficient solar panels generating 60% of its electricity. With an ideal Jamestown Village location, it sits at a highly-trafficked intersection next to a gas station and across from a busy playground, library and cultural arts center. There is ample on-street parking. Family-owned and operated for 18 years, this cafe enjoys wide popularity, a large customer base, and high cash flow. While the current owners have intentionally limited the days of operation in order 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. Purchase the business, real estate, and all furniture, fixtures and equipment for $1,249,000, or the business alone (with a building lease) for $574,000 (see MLS# 1242527). A unique opportunity with terrific cash flow, or expand the hours/days of operation for even greater profitability!

Features

Basement Basement

More Details

Provider
Lila Delman Real Estate, Ltd.
MLS ID
SWMLSRI
MLS Name
State Wide MLS of Rhode Island, Inc.
MLS Number
1242496
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$1,249,000 $605Lila Delman Compass
Listed For Sale$1,249,000 $605Lila 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