2 Watson Avenue
2 Watson Avenue Jamestown, Rhode Island 02835 United States

$399,000
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Listing Courtesy of Lila Delman RE of Jamestown
.16 Acres
Exterior
Commercial
Property type
1970
Year Built
1242527
Web Id
1242527
MLS ID
Village / Downtown
Subdivision
Jamestown
School District
365
days ago

About 2 Watson Avenue

Unique Business Opportunity in Jamestown Village: The beloved Village Hearth Bakery & Cafe, a highly successful artisan cafe, bakery, and wood-fired pizzeria with wine, beer & entertainment licenses, is available for the first time in 19 years! This highly successful and profitable business is being offered for $399,000 for the turn-key business with all furniture and equipment, with a lease of the building. Features incl.: a state-of-the-art kitchen w/ new hood & fire suppressant system, a masonry wood-fired oven that produces large quantities of bread and pizzas, indoor seating capacity of 40 w/ an additional 22 seasonal seats on the outdoor deck, a new roof, and new energy-efficient solar panels generating 60% of its electricity. In an ideal Jamestown Village location, it sits at a highly-trafficked intersection next to a Cumberland Farms gas station and across from a busy playground, library and cultural arts center. Ample on-street parking. This cafe enjoys wide popularity, a large customer base and high cash flow. While the current owners have intentionally limited the days of operation to enjoy Jamestown's island lifestyle, there is great potential for expansion of the days/hours of operation for additional revenue. P&L statement is available to qualified buyers. A unique opportunity with terrific cash flow, or expand the hours/days of operation for even greater profitability! Also offered at $1,074,000 including the real estate, with possible seller financing.

PROPERTY INFORMATION

Amenities
Play Ground, Restaurant(s), Tennis Courts
Cooling
Ductless AC
Heating
Central Heat, Forced Air
Location
Downtown
Sewer
Connected, Municipal
Water
Connected, Municipal
Listing Courtesy of Lila Delman RE of Jamestown
Listing Courtesy of Lila Delman RE of Jamestown