48 Commons, Little Compton, RI 02837

$1,499,000

0 beds 2 baths 7,099 sqft Built 2005Active

About this home

Business entrepreneurs and investors take notice! Located in the heart of the Little Compton community since 1967, this well-established business is in a prime location. Fully serviced restaurant with beer and wine license. Building's gross area 7, 099 sq ft, with and additional 150 sq ft building/gift shop. Exterior Trex deck adds more potential for this commercial site. Many possibilities.Buyer pays Little Compton Agricultural Conservancy Tax at closing.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$10,410/mo

Real estate (PITI + HOA + PMI): $9,348
Utilities: $2,813
Transportation: $129
Other (entertainment): $127

Your monthly budget

Budget$10,910/mo

Remaining after TLC$500/mo

Purchase price

$1,499,000

Down payment

$74,950 (5%)

Loan amount

$1,424,050

APR

Quick facts

Type

COM

Style

—

Year built

2005

Lot size

0.12 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

$4,238

MLS #

73220496

County

Newport

Neighborhood — 02837

Metric	This ZIP	County	USA
Population	3,678	1,095,423	299,088,112
Population Change Since1990	9.00%	9.00%	20.00%
Population Density	163	994	—
Male	1,803	529,266	147,432,321
Female	1,860	566,157	151,655,844
Never Married	671	266,404	63,775,926
Married	1,877	435,678	123,120,365
Separated	30	43,642	12,639,686
Widowed	194	66,668	15,467,586
Divorced	305	83,843	23,075,029
Number Of House Hold	1,386	410,399	111,826,380
Average House Hold Size	2.64	2.56	2.60
Medial Age	45.49	37.27	35.46
Median House Hold Income	$63,658	$47,553	$48,276
Average House Hold Income	$89,197	$61,609	$63,629
P C I	$33,750	$23,965	$24,529
M D I	$52,773	$40,634	$41,133
A T H E	$65,625	$49,940	$50,898
S T R	7.00%	7.00%	—
W C J	78.92%	78.02%	77.74%

(Zip) Code

2837

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

Map & walkability

Walk Score

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Listing information last refreshed 4/4/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.