Commercial at 742 Hope Street, Bristol
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$1,890,000

742 Hope Street
Bristol, RI 02809
Listed by Tracy LeRoux
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1880

About this home

742 HOPE STREET | BRISTOL, RI A Rare Opportunity to Control Nearly Half an Acre on Hope Street Water Views • GB Zoning • Prominent Frontage • Iconic Bristol Location Rarely does a parcel of this size become available along Hope Street in Bristol. Set directly across from Narragansett Bay, 742 Hope Street offers approximately 21,930 square feet of land with GB zoning, substantial Hope Street frontage and a highly visible location along Bristol's celebrated Fourth of July parade route. Currently home to the iconic Hope Diner and a late-1800s Victorian-style three-family residence, the property presents multiple paths forward. Preserve and reinvent a piece of Bristol history. Reposition the existing uses. Or explore a new development vision worthy of this exceptional site. The value proposition is the land, the location, and the possibilities. Offered for the first time in over 50 years, the property is being sold AS IS. The residential structure sustained significant third-floor fire damage in June 2025. Prospective purchasers are responsible for their own due diligence regarding existing improvements and all potential redevelopment, permitted uses, and required approvals. Just over half an acre. Across from the Bay. On Hope Street. Opportunities like this are difficult to replicate. Property is being sold AS IS, as shown, with all equipment and fixtures included.

Property details

MLS #
1423340
Property type
Commercial
Subdivision
Cl1 Historic District
Status
Active
Days on market
7
On market date
September 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
15
Lot size
0.503 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Guiteras School
0.1 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
231
Student:teacher ratio
13.6:1
District
Bristol Warren
Middle
Kickemuit Middle School
3.77 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
684
Student:teacher ratio
12.7:1
District
Bristol Warren
High
Mt. Hope High School
0.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
923
Student:teacher ratio
13.6:1
District
Bristol Warren

Walkability

Blended score for Bristol's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Nearby-amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks14
Schools6
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Bristol, from live MLS data.

On the market 7 days -- 45 fewer days than Bristol's current average of 52 days.
For reference, the median list price across 130 active listings in Bristol right now is $562,450.

Mortgage calculator

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Est. monthly payment
$11,532/mo
$378,000 down
$1,512,000 loan
Principal & interest$9,807
Property tax (est.)$1,575
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.