Jamestown’s Simpatico has been listed for sale.
The multi-level popular restaurant in the heart of downtown Jamestown was listed recently by Island Realty for $2.7 million.
The sale includes both the business, with a documented profit history, and the real estate, which includes a modern, legal 1 bedroom penthouse apartment on the third level.
The Listing
” Simpatico Jamestown, located in the heart of picturesque Jamestown village with stunning views of the Newport Bridge and Narragansett Bay, is a vibrant hub of excellent food and beautiful ambiance. Turn-key and well maintained, the property has 3 levels of convertible dining spaces, both indoor and outdoor, with a seating capacity for 235 guests. Mature landscaping and the landmark beech tree anchor the 3 bars, 4 plus dining rooms, and a multitude of gathering spots. Outdoor spaces include the 98′ x 20′ garden dining area, the 11′ x 66′ Knot Deck outdoor area as well as other spaces. The sale includes both the business, with a documented profit history, and the real estate, which includes a modern, legal 1 bedroom penthouse apartment on the third level. The restaurant has had substantial renovations and improvements throughout the past 7 years, including a greatly expanded Kitchen, now 49′ x 20′, numerous storage rooms, office spaces, and conference rooms. Conveniently located a block from the waterfront, marinas, downtown shopping and seasonal ferry service, this is an especially unique opportunity to own a world-class business with real estate. Further details are available to qualified buyers upon request. Floor plan included in virtual tour”.
