241 Cornell Road, Tiverton, RI 02878

$1,250,000

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List Price
$1,250,000
MLS#
1415638
Status
ACTIVE
Type
Commercial
City
Tiverton
County
Newport
Year Built
1900

Property Description

Opportunity to acquire a complete working farm and food business on 15.98 acres in Tiverton, Rhode Island. Not raw land or a hobby farm; an established, revenue-generating food system with a recognized brand, built over twelve years and conveying as one package: real estate, business, equipment, livestock, brand, customers, and a leased retail market. The buyer steps in mid-stride: customers, recipes, wholesale accounts, and reputation included, not a farm started from scratch. What Conveys Real estate: 15.98 acres in Tiverton's R-120 district, frontage on Cornell Road, woods, pasture, and water. A 1900 farmhouse (3 bd / 2 ba, 1,632 sq ft). Business: four revenue channels, a food truck across the South Coast (catering included), wholesale accounts with regional chefs, a retail farm market on Main Road (3-year lease), and farmers markets, plus the prepared foods including fried chicken. Infrastructure: two greenhouses (a 30 100 housing poultry; a 60 200 steel frame, six-figure replacement cost, ready to re-cover), an on-site processing unit on the USDA-certification path, a 32-panel solar array (2021), irrigation, two wells, feed systems, and separate caretaker quarters with a resident farm hand. Brand and goodwill: twelve years of reputation, regional press, recurring customers, and wholesale accounts that transfer with the sale. Livestock, equipment, and inventory: itemized and inventoried at closing. Seller financing available to a qualified buyer.

Additional Information

Cooling
1 Unit
Sewer
Septic Tank
Taxes
$4,899
Community Features
Near Schools, Pool, Restaurant, Shopping, Tennis Court(s)

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Listing courtesy of HomeSmart First Class Realty. Contact:

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