CCertihomes
1157 Point Judith, Narragansett, RI 02882

$3,500

0 beds 0 baths Built 1930Active

About this home

Turn Key Restaurant. High Traffic Seasonal Business Corner. Traditionally used as take out window service since 1930. Former's Iggy's Doughboy building. Building is 1, 000 sq.ft. Dining room and Kitchen are both 500sq.ft. with 750 Sq.Ft covered back open air work station. Dining room has been updated with picture window view of the ocean and operational fireplace, updated paint job and fixtures. 1 Bathroom in building is in dining room. Outside area has water, gas and electric hook ups and 240 sq. ft. Walk in cooler included with lease. Kitchen includes grill top grille, fryolator's, convection oven, altasham, salad station, 1 triple bay sink, 1 mop sink, 2 hand sinks. 1 kitchen exhaust hood with fire protection. Brand New on demand gas water heater. Dehumidification system in basement, and brand new electric ac/heat in dining room. Outside dining area has space for 12 picnic tables. Street parking only. Employee parking in back.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$732/mo

Real estate (PITI + HOA + PMI)
$340
Principal + interest$23
Property tax + insurance$316
PMI / 2nd mortgage$1
Utilities
$324
Heating + cooling$9
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$136
Car insurance + maintenance$136
Other (entertainment)
$140
$732/mo TLC
Budget$5,000/mo
Remaining after TLC$4,268/mo
Purchase price
$3,500
Down payment
$175 (5%)
Loan amount
$3,325
APR
7.19%

Quick facts

Type
Commercial Lease
Style
Year built
1930
Lot size
Stories
0
Heating
Heat Pump
Cooling
Ductless
Water
Connected
HOA
Annual tax
$3,750
MLS #
1348852
County
Washington

At a glance

Basement

Home features

Interior
Ceiling Height: 9-12 Ft
Sewer
Connected

Lot features

Rural, Urban

Neighborhood — 02882

MetricThis ZIPCountyUSA
Population13,0091,095,423299,088,112
Population Change Since199015.00%9.00%20.00%
Population Density863994
Male6,286529,266147,432,321
Female6,723566,157151,655,844
Never Married4,397266,40463,775,926
Married4,987435,678123,120,365
Separated17943,64212,639,686
Widowed59866,66815,467,586
Divorced1,28783,84323,075,029
Number Of House Hold5,017410,399111,826,380
Average House Hold Size2.592.562.60
Medial Age35.2037.2735.46
Median House Hold Income$54,698$47,553$48,276
Average House Hold Income$71,904$61,609$63,629
P C I$27,842$23,965$24,529
M D I$45,810$40,634$41,133
A T H E$56,033$49,940$50,898
S T R7.00%7.00%
W C J78.40%78.02%77.74%
(Zip) Code
2882

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 11/29/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.