15 Point Road Portsmouth, RI $ 800,000
15 Point Road
$ 800,000
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15 Point Road

Portsmouth, RI, 02871
$ 800,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 4,926

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Commercial Property for sale in Portsmouth, RI

for $800,000. 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. Business only - real estate not included (See MLS #1399145 for both business and real estate). 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 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 and lease terms.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 5,559

Style

Lot Size

0.24

Year Built

1940

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1399147

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected
Zoning C
Construction Materials Frame
Year Built 1940
Electric 200+ Amp Service
View Water
Stories Count 2
Levels Two
Property Subtype Business
Tax Year 2025
Business Type Restaurant
Community Features Marina Recreation Area Waterfront Sidewalks
Business Name 15 Point Road Reataurant
County Newport
New Construction false
Property Type Business Opportunity
Subdivision Name Island Park
Building Features Public Restrooms
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
Virtual Tour https://tour.RiLiving.com/15-Point-Road-Portsmouth-RI-02871--1399147
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 421800
Tax Lot 105
Property Sub Type Additional Business
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Interior
Basement Full
Furnished Y/N Furnished
Total Stories 2
Basement (Y/N) true
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 Dishwasher is leased by outside vendor. All other FF&E to be included in the sale.
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

$5,389
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,926
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
11/13/2025$800,000 Listed Price

Map


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15 Point Road, Portsmouth, RI, 02871 is a Commercial Property for sale at $800,000 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