INNOVATE
Real Estate
No photos available for this listing

$2,400,000

15 Point Road
Portsmouth, RI 02871
Listed by Mike Sweeney
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1940

About this home

Exceptional opportunity to own a free-standing waterfront restaurant in desirable Portsmouth, RI. This thriving, turnkey establishment comes fully furnished with fixtures, furnishings, and equipment (FF&E), making for a seamless transition to new ownership. The restaurant enjoys a loyal customer base and dedicated staff, offering immediate stability and continued success. Highlights include a full bar, two inviting indoor dining rooms-one on the lower level, and one on an upper level with sweeping water views-plus outdoor dining and a lively outdoor bar overlooking the water. Convenient on-site parking completes this rare chance to own a premier waterfront dining destination. Contact listing agent for financials.

Highlights

Waterfront

Property details

MLS #
1414258
Property type
Commercial
Subdivision
Island Park
Status
Active
Days on market
10
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.24 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Fort Barton School
0.55 mi away · Grades 0-4
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
202
Student:teacher ratio
14.4:1
District
Tiverton
Middle
Tiverton Middle School
3.16 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
503
Student:teacher ratio
10.7:1
District
Tiverton
High
Portsmouth High School
1.77 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
824
Student:teacher ratio
11.8:1
District
Portsmouth

Mortgage calculator

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Est. monthly payment
$14,603/mo
$480,000 down
$1,920,000 loan
Principal & interest$12,453
Property tax (est.)$2,000
Home insurance (est.)$150

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Listed by The Local Group

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 20, 2026.

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.