Exceptional opportunity to own a free-standing waterfront restaurant in desirable Portsmouth, RI. Business only - real estate not included (See MLS #1399145 for both business and real estate). This thriving, turnkey establishment comes fully furnished with fixtures, furnishings, and equipment (FF&E), making for a seamless transition to new ownership. The restaurant enjoys a loyal customer base and dedicated staff, offering immediate stability and continued success. Highlights include a full bar, two inviting dining rooms-one on the lower level, and one on an upper level with sweeping water views-plus outdoor dining and a lively outdoor bar overlooking the water. Convenient on-site parking completes this rare chance to own a premier waterfront dining destination. Contact listing agent for financials and lease terms.
| Listing Id: | 1414904 |
|---|---|
| List Price: | $720,000 |
| Property Type: | Business Opportunity |
| Property Sub Type: | Business |
| Status: | Active |
| Living Area: | 2,500 |
| Tax Annual Amount: | $5,559 |
| Lot Size Square Feet: | 10,454.0 |
| City: | Portsmouth |
| County Or Parish: | Newport |
| Postal Code: | 02871 |
| Year Built: | 1940 |
| Number Of Units Total: | 1 |
| Above Grade Finished Area: | 2,500.0 |
| Basement: | Yes |
| Building Area Total: | 2,500.0 |
| Building Features: | PublicRestrooms |
| Business Name: | 15 Point Road Reataurant |
| Community Features: | HighwayAccess, Marina, Pool, RecreationArea, Waterfront, Sidewalks |
| Construction Materials: | Frame |
| Cooling: | Central Air |
| Cooling?: | Yes |
| Electric: | Amps200OrMore |
| Financial Data Source: | Owner |
| Foundation Details: | Combination |
| Furnished: | Furnished |
| Heating: | ForcedAir |
| Heating?: | Yes |
| Inclusions: | Dishwasher is leased by outside vendor. All other FF&E to be included in the sale. |
| Levels: | Two |
| Listing Agreement: | ExclusiveRightToSell |
| Lot Features: | CornerLot |
| Lot Size Area: | 10454.0 |
| Lot Size Units: | SquareFeet |
| Number Of Buildings: | 1 |
| Number Of Units In Community: | 1 |
| Number Of Units Leased: | 1 |
| Original List Price: | $720,000 |
| Parcel Number: | 15POINTRDPORT |
| Parking Total: | 15 |
| Possession: | Negotiable |
| Postal City: | Portsmouth |
| Property Attached?: | Yes |
| Road Frontage Type: | CityStreet |
| Seating Capacity: | 100 |
| Sewer: | SepticTank |
| State Or Province: | RI |
| Stories: | 2 |
| Subdivision Name: | Island Park |
| Tax Assessed Value: | $442,700 |
| Tax Year: | 2025 |
| Utilities: | Electricity Available, Natural Gas Available, and Natural Gas Connected |
| Vacancy Allowance Rate: | 0.0 |
| View: | Water |
| View?: | Yes |
| Water Source: | Connected |
| Years Current Owner: | 15 |
| Zoning: | C |
| Business Type: | Restaurant |
| Basement: | Full |
| Lot Size Acres: | 0.24 |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Status: | Active |
| Road Surface Type: | Paved |
| Stories Total: | 2 |
| Street Number Numeric: | 15 |
| Universal Property: | US-44005-N-15POINTRDPORT-R-N |
| Listing Key: | 1173818278 |
| Originating System Sub Name: | RIS_RIS |
| Property Sub Type Additional: | Business |
| Current Price: | $720,000.00 |
| Country Subdivision: | 44005 |
| Record Signature: | -1,248,795,420 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:44005:15POINTRDPORT |
Listing Courtesy of: Gustave White Sotheby's Realty
401-849-3000
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Property Last Updated: October 08, 2026 05:25 PM - ET
