742 HOPE STREET BRISTOL, RI A Rare Opportunity to Control Nearly Half an Acre on Hope Street Water Views GB Zoning Prominent Frontage Iconic Bristol Location Rarely does a parcel of this size become available along Hope Street in Bristol. Set directly across from Narragansett Bay, 742 Hope Street offers approximately 21,930 square feet of land with GB zoning, substantial Hope Street frontage and a highly visible location along Bristol's celebrated Fourth of July parade route. Currently home to the iconic Hope Diner and a late-1800s Victorian-style three-family residence, the property presents multiple paths forward. Preserve and reinvent a piece of Bristol history. Reposition the existing uses. Or explore a new development vision worthy of this exceptional site. The value proposition is the land, the location, and the possibilities. Offered for the first time in over 50 years, the property is being sold AS IS. The residential structure sustained significant third-floor fire damage in June 2025. Prospective purchasers are responsible for their own due diligence regarding existing improvements and all potential redevelopment, permitted uses, and required approvals. Just over half an acre. Across from the Bay. On Hope Street. Opportunities like this are difficult to replicate. Property is being sold AS IS, as shown, with all equipment and fixtures included.
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?
SPECTACULAR LOCATION IN THE TOWN OF BRISTOL, JUST 2.4 MILES FROM ROGER WILLIAMS UNIVERSITY. CURRENTLY USED FOR UPSCALE DINING RESTAURANT AND WITH A SEATING CAPACITY OF 150. MULTIPLE BANQUET ROOMS AVAILABLE WITH CAPACITY UP TO 470. TOTAL OF 23,000 SQ FT. SET ON LAND PARCEL OF 1.21 ACRES, 100 PLUS CAR PARKING. YOU CAN USE AS CURRENT USE OR REVIEW FULL SCALE CONCEPTUAL ARCHITECTURAL RENDERINGS FOR A MIXED-USE PLAN TO INCLUDE RETAIL, COMMERCIAL AND RESIDENTIAL. ADDITIONAL PARCEL 2 AVAILABLE, NOT INCLUDED IN THIS LISTING. PARCEL INCLUDES A TWO-FAMILY HOME SET ON 2.66 ACRES. THIS IS A PREMIER LOCATION FOR RHODE ISLAND'S EAST BAY, WITH ENDLESS POTENTIAL FOR LOCATION!!
Waterfront District! Free standing building consisting of three separate units, two of which are currently occupied by independent restaurants with long-term NNN leases. Third unit is a warehouse type space currently occupied by Owner which will be listed for lease with over 2,500 square feet. Separate utilities, off street parking and easy access by car, bike or by foot. Over 115 feet of frontage located directly across from Bristol Harbor, 80 high end condominiums, the East Bay bike path and Independence Park. Also, walking distance to the Bristol Harbor Inn Hotel and Event Center and attractions in this high traffic Downtown Bristol location. The possibilities for this property are endless and not limited to a possible condo conversion, additions, etc. New legislation may allow for additional residential units which would offer water views of Bristol Harbor. Buyer to perform their own due diligence.

Bristol is located in Rhode Island. Bristol, Rhode Island has a population of 22,305. Bristol is less family-centric than the surrounding county with 29.36% of the households containing married families with children. The county average for households married with children is 33.25%.
The median household income in Bristol, Rhode Island is $80,727. The median household income for the surrounding county is $95,102 compared to the national median of $69,021. The median age of people living in Bristol is 43.5 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.4 inches per year, with 32.3 inches of snow per year.