• $1,199,500
  • 0 ba,
  • 2,619 sqft
  • 22215.00 Square Feet lot
  • Est payment $6439.18/mo

568 Park Avenue, Portsmouth, RI 02871

307249192 41.62389 -71.22554 136 /listing/307249192-150238571/568-park-avenue-portsmouth-ri-02871 False 0 1199500.0 2619 101 0 1299237 False

Property & Neighborhood Info

Courtesy Of Homes By Connect

Commercial in Portsmouth

Incredible opportunity!Now offering 568 Park Avenue/32 Blue Bill Way better known as CJ's Pub, a well established Island Park tavern in coastal Portsmouth. Included in the sale are a free-standing warehouse & residential cottage.Island Park has become a magnet for new & interesting restaurant & bar options. Whether you maintain the existing tavern (one of the only bars in the area to be open late night) or you are looking to create your own vision, your clientele can be drawn from nearby Island Park & Common Fence Point, Roger Williams University as well as all of Aquidneck Island and Tiverton, just minutes away.CJ's Pub business income draws from a full bar with light food options & games such as Keno & lottery with potential for expanding the food menu & outside seating. The traditional tavern has a pool table area, seating for 62 & a large courtyard for outside seating. Additional seating on the upstairs deck with water views. Included in the sale are all restaurant & bar equipment, walk-in coolers, furniture & fixtures & good will. In addition to street parking, CJ's has 10 onsite parking spaces. The warehouse can be utilized as storage or rental income.The residential cottage is currently set up as a one-bedroom rental, but a new DEM-approved 4-bedroom septic has just been installed to allow for expansion of the residence. With the possibility of second floor water views of Blue Bill Cove and a large lot, the expansion & renovation of the residence could be spectacular.

Courtesy Of Homes By Connect
  1. 0 Baths
  2. 2,619 Sq. Ft.
  3. 22215.00 Square Feet Lot

Main Features

  • Listing Status: Active
  • Year Built: 1930
  • County: Newport
  • Taxes: $4,825.00
  • Tax Year: 2021
  • Units: 3
  • Zoning: C
  • Subdivision: Island Park
  • MLS Number:1299237

Additional Features

  • Cooling:
    • 1 Unit
  • Furnished:
    • Furnished
  • Inclusions:
    • INCLUDED: Walk-in cooler, Beverage coolers, Taps, 3-Compartment sink, Food warmers, Shelving, Tables and chairs, Televisions, Outdoor furniture, Sound System
  • Construction Materials:
    • Frame
  • Property Sub Type:
    • Commercial
  • Property Type:
    • Commercial Sale
  • Fencing:
    • Fenced
  • Electric:
    • 200+ Amp Service
  • Heating:
    • Forced Air
  • Sewer:
    • Septic Tank
  • Utilities:
    • MunicipalUtilities
    • NaturalGasConnected
    • WaterConnected
  • Community Features:
    • Golf
    • HighTrafficLocation
    • HighwayAccess
    • Marina
    • NearHospital
    • NearSchools
    • PublicTransportation
    • RecreationArea
    • Shopping
    • Sidewalks
    • TennisCourts
  • Possible Use:
    • Commercial
    • MixedUse
    • Residential
    • SeeRemarks
    • Warehouse
  • Documents Available:
    • Aerial
  • Above Grade Finished Area:
    • 2619.0
  • Basement YN:
    • N
  • Building Features:
    • Public Restrooms
  • Business Name:
    • CJ's Pub
  • Business Type:
    • BarTavernLounge
    • FoodBeverage
    • Residential
  • Cooling YN:
    • Y
  • Financial Data Source:
    • Owner
  • Foundation Details:
    • Slab
  • Heating YN:
    • Y
  • Human Modified YN:
    • True
  • Land Lease YN:
    • N
  • List Agent AOR:
    • RhodeIslandStateWideMLS
  • List AOR:
    • RhodeIslandStateWideMLS
  • Listing Agreement:
    • Exclusive Right To Sell
  • List Office AOR:
    • RhodeIslandStateWideMLS
  • Lot Size Acres:
    • 0.51
  • Lot Size Units:
    • Square Feet
  • New Construction YN:
    • N
  • Number Of Buildings:
    • 3
  • Number Of Units In Community:
    • 3
  • Number Of Units Leased:
    • 2
  • Parking Total:
    • 10.0
  • Possession:
    • Negotiable
  • Property Attached YN:
    • Y
  • Road Surface Type:
    • Asphalt
    • Paved
  • Seating Capacity:
    • 62
  • Security Features:
    • CarbonMonoxideDetectors
    • SecuritySystem
    • SeeRemarks
    • SmokeDetectors
  • Sign On Property YN:
    • N
  • Tax Assessed Value:
    • 316100
  • Tax Lot:
    • 58
  • Vacancy Allowance Rate:
    • 0.0
  • Water Source:
    • Connected
    • Public
  • Years Current Owner:
    • 4
Neighborhood info courtesy of Homes.com © 2022

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EDITH CUSHING & SEAN McELROY
EDITH CUSHING & SEAN McELROY
Broker Associates
55 Memorial Blvd Newport RI 02840
41.62389 -71.22554

568 Park Avenue Portsmouth, RI 02871

307249192 41.62389 -71.22554 136 /listing/307249192-150238571/568-park-avenue-portsmouth-ri-02871 False 0 1199500.0 2619 101 0 1299237 False
  • $1,199,500
  • 0 ba
  • 2,619 sqft
  • 22215.00 Square Feet lot
  • Est payment $6439.18/mo