15 Point Road Portsmouth, RI $ 2,400,000
15 Point Road
$ 2,400,000
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15 Point Road

Portsmouth, RI, 02871
$ 2,400,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 14,777

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Commercial Property for sale in Portsmouth, RI

for $2,400,000. This 2,500 square foot building was built in 1940 on a lot size of 0.24.

Exceptional opportunity to own a free-standing waterfront restaurant in desirable Portsmouth, RI. This thriving, turnkey establishment comes fully furnished with fixtures, furnishings, and equipment (FF&E), making for a seamless transition to new ownership. The restaurant enjoys a loyal customer base and dedicated staff, offering immediate stability and continued success. Highlights include a full bar, two inviting indoor dining rooms-one on the lower level, and one on an upper level with sweeping water views-plus outdoor dining and a lively outdoor bar overlooking the water. Convenient on-site parking completes this rare chance to own a premier waterfront dining destination. Contact listing agent for financials.

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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 5,559

Style

Lot Size

0.24

Year Built

1940

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1414258

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Electricity Available Natural Gas Available Natural Gas Connected
Possession Negotiable
Zoning C
Construction Materials Frame
Year Built 1940
Electric 200+ Amp Service
View Water
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Business Type Restaurant
Community Features Highway Access Marina Pool Recreation Area Waterfront Sidewalks
Business Name 15 Point Road Restaurant
County Newport
New Construction false
Property Type Commercial Sale
Subdivision Name Island Park
Status Active
City Portsmouth
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 10454
Number of Units Leased 1
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 5559
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 442700
Tax Lot 105
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Interior
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Corner Lot
Water Source Connected
Total Parking 15
Inclusions All FF&E excluding leased dishwasher
Lot Size Area 10454
Foundation Details Combination
Number of Buildings 1
Building Area Total 2500
Lot Size Acres 0.24
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded Features
List By
Gustave White Sotheby's Realty

Broker

msweeney@gustavewhite.com

Email

Affordability Calculator

$15,240
Per Month
97%
3%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/9/2026$2,400,000 Listed Price

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15 Point Road, Portsmouth, RI, 02871 is a Commercial Property for sale at $2,400,000 with 2,500 sqft and a lot size of 0.24. 15 Point Road was built in 1940. The property's zip code is 02871 which is in Portsmouth, RI