CCertihomes
40 Narragansett, Jamestown, RI 02835

$179,900

0 beds 0 baths Built 1926Active

About this home

Presenting an exciting business opportunity in the heart of downtown Jamestown, RI. Chopmist Charlie's has been a cornerstone of Jamestown's dining scene for 27 years. Recently renovated and fully turnkey, it offers a seamless transition to new owners. The location is a stone's throw from the waterfront and enjoys prime visibility and coveted off-street parking. The 1, 920 sq.ft. restaurant space offers seating for up to 100 guests, a cozy bar, and a lower-level with storage, a walk-in cooler, and freezer. All kitchen line equipment will convey including ovens, friers, deli cases and prep units. New HVAC and plumbing systems too! And a full liquor license in Jamestown is only $400/yr. Aspiring restauranteurs and seasoned professionals alike - don't miss the opportunity to write the next chapter of this beloved Jamestown restaurant's history. *This is a business only sale and does not include real estate.

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
$1,844/mo

Real estate (PITI + HOA + PMI)
$1,543
Principal + interest$1,159
Property tax + insurance$317
PMI / 2nd mortgage$67
Utilities
$351
Heating + cooling$54
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$1,844/mo TLC
Budget$5,000/mo
Remaining after TLC$3,156/mo
Purchase price
$179,900
Down payment
$8,995 (5%)
Loan amount
$170,905
APR
7.19%

Quick facts

Type
Business Opportunity
Style
Year built
1926
Lot size
Stories
0
Heating
Forced Air
Cooling
Ductless, Wall Unit(s)
Water
Connected
HOA
Annual tax
MLS #
1351810
County
Newport

Home features

Sewer
Connected

Lot features

Downtown, Suburban

Neighborhood — 02835

MetricThis ZIPCountyUSA
Population5,6781,095,423299,088,112
Population Change Since199014.00%9.00%20.00%
Population Density603994
Male2,756529,266147,432,321
Female2,930566,157151,655,844
Never Married960266,40463,775,926
Married2,915435,678123,120,365
Separated13843,64212,639,686
Widowed29266,66815,467,586
Divorced46783,84323,075,029
Number Of House Hold2,205410,399111,826,380
Average House Hold Size2.572.562.60
Medial Age45.3937.2735.46
Median House Hold Income$72,187$47,553$48,276
Average House Hold Income$100,797$61,609$63,629
P C I$39,210$23,965$24,529
M D I$58,705$40,634$41,133
A T H E$71,409$49,940$50,898
S T R7.00%7.00%
W C J75.71%78.02%77.74%
(Zip) Code
2835

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

Map & walkability

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 2/5/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.