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

A Rare Historic Mixed-Use Opportunity on Hope Street Water Views • Over Half an Acre • Grandfathered Multifamily & Commercial Uses • Prime Hope Street Frontage Rarely does a property of this size and character become available along Bristol's historic Hope Street. Directly across from Narragansett Bay, 742–744 Hope Street offers approximately 21,930 square feet of land, prominent frontage, water views, and exceptional visibility along Bristol's Fourth of July parade route. Offered for the first time in over 50 years, the property includes the iconic Hope Diner and an 1880 late-Victorian three-family residence. Located within Bristol's Historic District, this is an opportunity to preserve and reimagine a piece of Bristol history. The residence must be preserved and cannot be demolished. Existing grandfathered multifamily and commercial uses offer potential for renovation and repositioning, subject to applicable approvals. The residence sustained significant third-floor fire damage in June 2025 and requires substantial renovation. Buyers should consult Bristol's Historic District Commission and Building Department regarding proposed improvements and uses. Just over half an acre. Across from the Bay. On Hope Street. Property is being sold AS IS, as shown. Buyers must independently verify zoning, permitted uses, historic preservation requirements, floodplain regulations, property condition, and necessary approvals.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1423340
Property type
Commercial
Subdivision
Cl1 Historic District
Status
Active
Days on market
30
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. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

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, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 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
Google Places 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 30 days -- 17 fewer days than Bristol's current average of 47 days.
For reference, the median list price across 152 active listings in Bristol right now is $569,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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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 7 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.