568 Park AVE Portsmouth, RI 02871

Incredible investment opportunity with multiple income streams under $1M! Offering 568 Park Avenue/32 Blue Bill Way including CJ's Pub, a well established Island Park tavern. Also included in the sale are a warehouse & residential cottage. Island Park is 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 create your own vision, your clientele can be drawn from nearby Island Park & Common Fence Point, Roger Williams University, 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 been installed to allow for expansion of the residence. With the possibility of second floor water views of Blue Bill Cove & a large lot, expansion & renovation of the residence could be spectacular. Incredible opportunity awaits!