Unique investment opportunity! Local historic Tavern Established in 1896 is one of the oldest operating in Rhode Island. A local's favorite! This offering includes the Real Estate, the business, and all fixtures. The two-building package includes 5 residential units, the Tavern, and a leasable two car garage. Located in the thriving and reestablished Hill and Harbor District, this parcel offers an opportunity for redevelopment or a chance to preserve an iconic watering hole and improve rental income by updating and improving the existing residential offerings.
| Listing Id: | 1422716 |
|---|---|
| List Price: | $1,499,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Commercial |
| Status: | Active |
| Living Area: | 5,557 |
| Tax Annual Amount: | $14,824 |
| Lot Size Square Feet: | 12,197.0 |
| City: | East Greenwich |
| County Or Parish: | Kent |
| Postal Code: | 02818 |
| Year Built: | 1890 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 5,557.0 |
| Basement: | Yes |
| Building Area Total: | 5,557.0 |
| Building Features: | PublicRestrooms |
| Business Name: | The Oaks |
| Community Features: | Golf, HighwayAccess, Marina, NearHospital, NearSchools, Pool, PublicTransportation, RecreationArea, Shopping, TennisCourts, HighTrafficLocation, StreetLights, Sidewalks |
| Construction Materials: | Frame |
| Cooling: | Ductless and Partial |
| Cooling?: | Yes |
| Electric: | Amps200OrMore, CircuitBreakers, SeparateMeters |
| Existing Lease Type: | Gross |
| Fencing: | Fenced |
| Financial Data Source: | Owner |
| Foundation Details: | ConcretePerimeter, Stone |
| Frontage Length: | 211 |
| Garage?: | Yes |
| Heating: | Baseboard, Ductless, Gas, HotWater, Steam, Zoned |
| Heating?: | Yes |
| Leasable Area: | 5,557.0 |
| Listing Agreement: | ExclusiveRightToSell |
| Lot Features: | CornerLot, HistoricDistrict |
| Lot Size Area: | 12197.0 |
| Lot Size Units: | SquareFeet |
| Number Of Buildings: | 2 |
| Number Of Units In Community: | 6 |
| Original List Price: | $1,499,000 |
| Parcel Number: | 91103DUKESTEGRN |
| Parking Total: | 10 |
| Possession: | Immediately, RentalAgreement |
| Possible Use: | Development, MultiFamily, MixedUse, Retail |
| Postal City: | East Greenwich |
| Property Attached?: | Yes |
| Road Frontage Type: | CityStreet |
| Security Features: | ClosedCircuitCameras, FireAlarm, TwentyFourHourSecurity, SecurityLights, SecurityService |
| Sewer: | Connected, PublicSewer, SewerAssessments, Sanitary, StormSewer |
| State Or Province: | RI |
| Street Additional Info: | 103 |
| Structure Type: | Apartment, MultiFamily |
| Tax Assessed Value: | $952,100 |
| Tax Year: | 2025 |
| Utilities: | Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Phone Available, Water Connected, and Sewer Connected |
| Vacancy Allowance Rate: | 0.0 |
| Water Source: | Connected, Public |
| Year Established: | 18 |
| Years Current Owner: | 30 |
| Business Type: | BarTavernLounge, FoodAndBeverage, Mixed |
| Basement: | Full |
| Status: | Active |
| Road Surface Type: | Asphalt |
| Stories Total: | 2 |
| Street Number Numeric: | 91 |
| Universal Property: | US-44003-N-91103DUKESTEGRN-R-N |
| Listing Key: | 1190157454 |
| Originating System Sub Name: | RIS_RIS |
| Current Price: | $1,499,000.00 |
| Country Subdivision: | 44003 |
| Frontage Length Remarks: | 211 |
| Record Signature: | -1,844,845,650 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:44003:91103DUKESTEGRN |
Listing Courtesy of: BHHS Commonwealth Real Estate
401-742-6050
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Property Last Updated: October 08, 2026 05:25 PM - ET
