258 Bellevue Avenue, Newport, RI 02840

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Cliff N.

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Building Details:

258 Bellevue Avenue is aretail property for lease in Newport, RI.

Operational turnkey restaurant business for sale in downtown Newport's only grocery-anchored neighborhood plaza. Immediately adjacent to Stop and Shop's doors. Along high traffic famous Bellevue Avenue. Lots of foot traffic. Sale of business opportunity at $129,000.00 includes fixtures, furnishings and equipment per FF&E list. Sale of business opportunity is offered in conjunction with 5 year lease from plaza landlord at $25.00 per sf on an annual basis plus common area maintenance. 5 year option to renew.

• Opportunities for restaurant include dinner meal period, delivery, Sunday operation, off-site catering, beer/wine license, takeout, and delivery.
• 3.74 acres grocery anchored plaza including Stop & Shop
• Supermarket, The UPS Store, Bellevue Rug & Interiors, Lifestyle
• Designs, Micki's Laundromat, Vicker’s Liquors, Despina's Cafe, and
• Morgan Stanley Smith Barney.
• Exceptionally located Bellevue Plaza - where historic Bellevue
• Avenue converges with the retail heart of Newport. Adjacent to The
• International Tennis Hall of Fame. Salve Regina University with more
• than 2700 students is within walking distance.

* This property is also for sale.

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