366 Wood Street

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366 Wood Street

Bristol, RI 02809
Asking Price
$550K
Asset Type
Restaurant Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset located on Wood Street in Bristol
  • Commercial space configured for a restaurant business
  • Includes a second-floor apartment and third-floor bonus room
  • Current asking price for the property is 550,000 dollars
  • Situated in a well-established coastal Rhode Island market

What's Special

Bristol serves as a historic coastal community within the Providence metropolitan area, known for its maritime heritage and active local business environment. Positioned along Wood Street, this mixed-use building provides a functional footprint suitable for a variety of commercial and residential interests. The ground level is designed to accommodate a restaurant operation, catering to the steady demand for dining options in this established Rhode Island neighborhood. Above the commercial space, the property features a second-floor apartment along with a third-floor bonus room, creating potential for supplemental income or owner-occupancy. Investors and business owners looking for a versatile asset in a well-traveled corridor will find the configuration well-suited for a combined work-live scenario or a pure investment play. Its location offers connectivity to regional transit routes, positioning the site to benefit from the area's ongoing economic stability and residential density.

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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801

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