Courtesy: Kirby & Kirby
401-324-0048
The Receiver has received an offer of $625,000, subject to higher or better offers and Court approval. A sale hearing is scheduled for October 7. 2024 at 9:30 a.m. before the Rhode Island Superior Court, Out-County Business Calendar sitting at the Newport County Superior Court. Any party may attend the sale hearing and present a higher or better competing offer. Any competing offers must be accompanied by a five percent (5%) deposit. Introducing a prime commercial restaurant space and land development opportunity nestled in the picturesque Little Compton, offering a sprawling 5.3 acres of potential. This offering is a Receiver Sale and is subject to court approval. The Restaurant is situated as a legal non-conforming use within a residential zone, the potential for transformation is boundless. Benefit from the substantial septic system and liquor license. This offering presents a unique chance to reimagine a restaurant space or the possibility of crafting a full-scale residential oasis across the expansive 5.3-acre canvas. Comprising two distinct lots one spanning 3.2 acres and the other 2.1 acres the flexibility to acquire either individually or as a combined parcel offers strategic investment opportunities. ** Please review the attached brochure for property information and sale process details.
A great deal with this new price reduction. Assessed at almost $900,000 and with all restaurants operating equipment included, this property is priced to sell. All offers are considered. Take advantage of this opportunity while it lasts.Located in the heart of the Little Compton community since 1967, this well-established business and real estate is in a prime location. Fully serviced restaurant with beer and wine license. Building's gross area 7,099 sq ft, with and additional 150 sq ft building/gift shop. Exterior Trex deck adds more potential for this commercial site. Many possibilities. Buyer pays Little Compton Agricultural Conservancy Tax at closing. Sale includes Business with all equipment and the Real Estate.
Courtesy: Residential Properties Ltd.
401-635-8590
Prime Commercial Space in Heart of Little Compton: Seize the opportunity to own a versatile commercial property in the heart of Little Compton. This exceptional building offers endless possibilities for various business endeavors, making it an ideal investment opportunity. Located in a highly desirable area, this commercial space boasts a strategic location that is sure to attract customers and clients. The building's flexible layout lends itself to numerous uses, providing the perfect canvas for entrepreneurs and business owners to bring their visions to life. Whether you're considering retail, office space, or a service-oriented business, this property offers the versatility to accommodate your needs. Take advantage of this rare chance to secure a commercial space in one of Little Compton's most coveted locations. Whether you're an entrepreneur looking to start a new venture or an investor seeking to expand your portfolio, 33 Meeting House Lane offers the perfect setting for success. Schedule a viewing today and unlock the potential of this remarkable property. Buyer Responsibility: Buyer to pay LCACT at time of Closing. please refer to listing#1362580
Little Compton is located in Rhode Island. Little Compton, Rhode Island has a population of 3,521. Little Compton is less family-centric than the surrounding county with 20.55% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Little Compton, Rhode Island is $69,620. The median household income for the surrounding county is $75,463 compared to the national median of $57,652. The median age of people living in Little Compton is 53.9 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 49.8 inches per year, with 36.6 inches of snow per year.
