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Executive Summary

Positioned directly across from Scarborough State Beach, this rare mixed-use coastal property delivers unreal visibility, constant foot traffic, and sweeping ocean views in one of Rhode Island’s most sought-after beach locations. The asset is built for multiple income streams, featuring two recently renovated, high-performing Airbnb units, a six-bedroom apartment, two on-site restaurant concepts, and two additional retail spaces. With its prime position across from one of the busiest beaches in the state, the property benefits from strong seasonal traffic while still maintaining year-round activity. Between the existing income, vacant commercial space, and clear upside through lease-up or repositioning, this is a compelling opportunity for an investor or operator looking to plant a flag in a high-traffic coastal market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,459 SF
Building Class
C
Year Built/Renovated
1963/2020
Price
$5,995,000
Price Per SF
$523.17
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
B-A
Parking
40 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
159’ on Angell Rd

Amenities

  • Bus Line
  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,800 SF
  • Retail
  • -
  • Now

Two turn-key restaurant concepts for Lease for the Summer Season! Deli / Ice Cream Concept Lease – Scarborough Beach Area Position your business for immediate seasonal success with this turnkey deli and takeout concept located directly across from one of Rhode Island’s busiest beach destinations. This compact, efficient space is perfectly suited for a high-volume summer operation, with strong foot traffic driven by daily beachgoers and consistent tourist flow. The layout is ideal for a sandwich shop, breakfast/lunch deli, smoothie bar, or ice cream concept, with the flexibility to execute a simple, high-margin menu. Fully built out and ready for occupancy, this is a rare opportunity to step into a ready-to-go space and capitalize on peak season demand. Operators will benefit from unmatched visibility, steady customer flow, and a proven location for grab-and-go food and beverage concepts. Full-Service Restaurant & Bar Lease – Scarborough Beach Area Rare opportunity to lease a full-service restaurant and bar directly across from one of Rhode Island’s most iconic and heavily trafficked beaches. This established location offers a complete dining room setup along with a fully equipped bar, creating the perfect environment for a high-energy coastal dining experience. The space is designed to accommodate a wide range of concepts—from a casual seafood restaurant to a lively bar-driven operation—catering to both daytime beach crowds and evening clientele. With strong visibility, consistent seasonal volume, and the ability to capture both food and beverage revenue streams, this location is primed for an experienced operator to step in and execute immediately. Turnkey infrastructure and a proven setting make this a standout coastal hospitality opportunity.

  • 1st Floor
  • 3,000 SF
  • Restaurant
  • -
  • Now

Full-Service Restaurant & Bar Lease – Scarborough Beach Area Rare opportunity to lease a full-service restaurant and bar directly across from one of Rhode Island’s most iconic and heavily trafficked beaches. This established location offers a complete dining room setup along with a fully equipped bar, creating the perfect environment for a high-energy coastal dining experience. The space is designed to accommodate a wide range of concepts—from a casual seafood restaurant to a lively bar-driven operation—catering to both daytime beach crowds and evening clientele. With strong visibility, consistent seasonal volume, and the ability to capture both food and beverage revenue streams, this location is primed for an experienced operator to step in and execute immediately. Turnkey infrastructure and a proven setting make this a standout coastal hospitality opportunity.

Space Size Space Use Position Available
1st Floor 1,800 SF Retail - Now
1st Floor 3,000 SF Restaurant - Now

1st Floor

Size
1,800 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
3,000 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 1,800 SF
Space Use Retail
Position -
Available Now

Two turn-key restaurant concepts for Lease for the Summer Season! Deli / Ice Cream Concept Lease – Scarborough Beach Area Position your business for immediate seasonal success with this turnkey deli and takeout concept located directly across from one of Rhode Island’s busiest beach destinations. This compact, efficient space is perfectly suited for a high-volume summer operation, with strong foot traffic driven by daily beachgoers and consistent tourist flow. The layout is ideal for a sandwich shop, breakfast/lunch deli, smoothie bar, or ice cream concept, with the flexibility to execute a simple, high-margin menu. Fully built out and ready for occupancy, this is a rare opportunity to step into a ready-to-go space and capitalize on peak season demand. Operators will benefit from unmatched visibility, steady customer flow, and a proven location for grab-and-go food and beverage concepts. Full-Service Restaurant & Bar Lease – Scarborough Beach Area Rare opportunity to lease a full-service restaurant and bar directly across from one of Rhode Island’s most iconic and heavily trafficked beaches. This established location offers a complete dining room setup along with a fully equipped bar, creating the perfect environment for a high-energy coastal dining experience. The space is designed to accommodate a wide range of concepts—from a casual seafood restaurant to a lively bar-driven operation—catering to both daytime beach crowds and evening clientele. With strong visibility, consistent seasonal volume, and the ability to capture both food and beverage revenue streams, this location is primed for an experienced operator to step in and execute immediately. Turnkey infrastructure and a proven setting make this a standout coastal hospitality opportunity.

1st Floor

Size 3,000 SF
Space Use Restaurant
Position -
Available Now

Full-Service Restaurant & Bar Lease – Scarborough Beach Area Rare opportunity to lease a full-service restaurant and bar directly across from one of Rhode Island’s most iconic and heavily trafficked beaches. This established location offers a complete dining room setup along with a fully equipped bar, creating the perfect environment for a high-energy coastal dining experience. The space is designed to accommodate a wide range of concepts—from a casual seafood restaurant to a lively bar-driven operation—catering to both daytime beach crowds and evening clientele. With strong visibility, consistent seasonal volume, and the ability to capture both food and beverage revenue streams, this location is primed for an experienced operator to step in and execute immediately. Turnkey infrastructure and a proven setting make this a standout coastal hospitality opportunity.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
NARR-000198-000000-K000000
Land Assessment
$750,800
Improvements Assessment
$754,900
Total Assessment
$1,505,700
  • Listing ID: 39852842

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 1 Angell Rd, Narragansett, RI 02882

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