INNOVATE Real Estate
Business at 48 School Street, Lincoln
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$195,000

48 School Street
Lincoln, RI 02802
Listed by Michael Alves
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1949

About this home

Fully functional Lincoln restaurant with liquor license and real estate 3,223 SF. All FF&E included. lease $6,259 NNN

Property details

MLS #
1421552
Property type
Business
Subdivision
N/A
Status
Active
Days on market
10
On market date
August 25, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.68 acres

Location

Get directions →
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Northern Lincoln Elem.
1.03 mi away · Grades -1-5
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
498
Student:teacher ratio
14.2:1
District
Lincoln
Middle
North Cumberland Middle
2.67 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
621
Student:teacher ratio
13.2:1
District
Cumberland
High
Lincoln Senior High School
1.03 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
953
Student:teacher ratio
13.6:1
District
Lincoln

Walkability

Blended score for Lincoln'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).

60
Walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks7
Schools3
Transit stops12
Pharmacies4

Market position

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

On the market 10 days -- 31 fewer days than Lincoln's current average of 41 days.
For reference, the median list price across 164 active listings in Lincoln right now is $549,900.

Mortgage calculator

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Est. monthly payment
$1,324/mo
$39,000 down
$156,000 loan
Principal & interest$1,012
Property tax (est.)$163
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 30 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.