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568 Park AV, Island ParkPortsmouth, RI 02871MLS Number 1299237

  • Price: $1,199,500The price has recently decreased
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Est. Mortgage: $/month

Federal 30-year interest rate: 3.45% last updated on 2022-01-13

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568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871568 Park AV Portsmouth RI 02871
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  • 1930Year Built
  • 2619Square Feet
  • 10Parking Spaces
  • ActiveMlsStatus
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.
Listed by Connect Real Estate Group of Homes By Connect

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Parking

  • Parking Spaces10

Building

  • Year Built1930
  • TypeBar/Tavern/Lounge, Food/Beverage, Residential
  • Under ConstructionNo
  • Total Units3
  • Square Feet2619
  • Loading DoorNone
  • Number Of Buildings3

Interior

  • Ceiling Height7-9 Ft,9-12 Ft

Amenities

  • CoolingIndividual Unit
  • Other AmenitiesFireplace, Golf, Tennis, Water View

Basic Information

  • Virtual TourView Tour
  • Property TypeCommercial/Business
  • List Price$1,199,500
  • Listing Agent NameConnect Real Estate Group
  • Broker NameHomes By Connect
  • MLS Number1299237
  • MlsStatusActive

Property

  • Approx Lot Square Foot22215
  • Apx Acres Condo Site Acres0.51
  • SiteFenced, Paved
  • RoadBlacktop, High Traffic, Sidewalks

Other

  • Broker IDHMCN

Location

  • Address568 Park AV
  • IDX Address DisplayYes
  • TownPortsmouth
  • StateRI
  • Zip02871
  • County IDNewport
  • NeighborhoodIsland Park
  • NearBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Shopping, Swimming, Tennis

Utilities

  • UtilitiesMunicipal Water
  • Electric200 Amps
  • SewerSeptic System

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