real estate

Salas’ dining room sold for $2M

COURTESY GUSTAVE WHITE SOTHEBY'S
SALAS' DINING ROOM was one of the longest-running family restaurants in Newport
Posted 2/24/12

NEWPORT – Salas’ Dining Room on Thames Street has been sold for $2 million to a Baltimore developer who plans to renovate the space and reopen a restaurant there, Gustave White Sotheby’s International Realty announced.

Opened by Francisco and Maria Salas as a bar in 1952 and then converted to a restaurant in 1963, Salas’ Dining Room was one of the longest-running family restaurants in Newport. The eatery closed in January when the two sons of the founders running the establishment decided to pursue other interests, a news release announcing the sale said.

The sale includes the building, the liquor license, equipment and restaurant memorabilia.

After renovating the restaurant, the buyer, Larry Silverstein, plans to reopen the restaurant in a partnership with local restaurateur Patrick Kilroy.

The sale was brokered by Realtor Jose Aguon of Gustave White Sotheby’s.

Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enroll in the 10th Annual Best Places to Work Event and join an impressive group ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement