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170 Franklin St 3,416 SF 39% Leased Retail Building Bristol, RI 02809 $925,000 ($270.78/SF)
EXECUTIVE SUMMARY
Rare opportunity to own a beautiful single family home AND a neighborhood favorite restaurant, all in the same package. The
Casual Inn is available for sale along side the 1440sq' 3br/2ba home just behind it (MLS 1398348). Both parcels must convey
together. Asking price is for both properties combined. The Casual Inn has been serving the good folks of Bristol RI and a wide
variety of out of town diners since 1969. With 90+ seats, 3 kitchen staff, 5 wait staff and a very loyal following, the current owner
hopes that her successor will be able to carry on the Casual Inn's tradition with relative ease. A purchase here would include a 15'
hood, ten burner range with double over, two fryers, one two burner griddle, one 3 tray steam warming table, above ground
grease trap, two commercial freezers, three fridge/freezers, two chest freezers, ice machine, two low-boy coolers at the bar,
liquor inventory, furniture, table ware & dry-stock. Roof is 2yrs old and skylights are watertight. Men's and women's bathrooms
are well kept and sound system is operational. The building has second and third egress plus modern fire alarm with pull stations.
What could you do with a completely set up F&B business and a loyal following?
Casual Inn is available for sale along side the 1440sq' 3br/2ba home just behind it (MLS 1398348). Both parcels must convey
together. Asking price is for both properties combined. The Casual Inn has been serving the good folks of Bristol RI and a wide
variety of out of town diners since 1969. With 90+ seats, 3 kitchen staff, 5 wait staff and a very loyal following, the current owner
hopes that her successor will be able to carry on the Casual Inn's tradition with relative ease. A purchase here would include a 15'
hood, ten burner range with double over, two fryers, one two burner griddle, one 3 tray steam warming table, above ground
grease trap, two commercial freezers, three fridge/freezers, two chest freezers, ice machine, two low-boy coolers at the bar,
liquor inventory, furniture, table ware & dry-stock. Roof is 2yrs old and skylights are watertight. Men's and women's bathrooms
are well kept and sound system is operational. The building has second and third egress plus modern fire alarm with pull stations.
What could you do with a completely set up F&B business and a loyal following?
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,416 SF
Year Built
1950
Price
$925,000
Price Per SF
$270.78
Percent Leased
39%
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
GB
Parking
3 Spaces (0.88 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BRIS-000023-000000-000037 | Improvements Assessment | $123,500 |
| Land Assessment | $66,600 | Total Assessment | $190,100 |
PROPERTY TAXES
Parcel Number
BRIS-000023-000000-000037
Land Assessment
$66,600
Improvements Assessment
$123,500
Total Assessment
$190,100
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170 Franklin St
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