501 Park Avenue Portsmouth, RI $ 999,900
501 Park Avenue
$ 999,900
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501 Park Avenue

Portsmouth, RI, 02871
$ 999,900
Bedrooms-- Baths-- Sq 1,449

Monthly Estimate*

$ 6,238

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Commercial Property for sale in Portsmouth, RI

for $999,900. This 1,449 square foot building was built in 1950.

Located near the popular Portsmouth Beaches, this thriving restaurant enjoys a prime location that attracts both locals and visitors year-round. The inviting dining room accommodates over 50 guests, complemented by a full-service bar and a spacious outdoor patio with seating for 30+. Just minutes from Route 24, this well-established venue boasts a loyal customer base and strong financial performance. With potential to expand operating hours and diversify the menu, this restaurant presents a fantastic opportunity for growth and increased revenue.

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Commercial Active

Price

$ 999,900

Property Type

Commercial

Taxes

$ 2,665

Style

Year Built

1950

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1366544

List By
Broadway Real Estate Group

Broker

Doug@BroadwayReg.com

Email

Affordability Calculator

$6,460
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,238
Monthly Property Taxes
$222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$999,900 -16.68% Price Down
6/6/2025$1,200,000 Listed Price

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501 Park Avenue, Portsmouth, RI, 02871 is a Commercial Property for sale at $999,900 with 1,449 sqft. 501 Park Avenue was built in 1950. The property's zip code is 02871 which is in Portsmouth, RI