For Sale
$2,250,000
515 Kingstown RdSouth Kingstown, RI 02879
Prime RI Restaurant & Land Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 124
Highlights
- 1.37-acre commercially zoned parcel at 515 Kingstown Road, South Kingstown, RI.
- High-visibility location off Route 1 with 68 parking spaces.
- 5,700 SF building (1970 construction), currently leased to a Mexican restaurant under a 5-year triple-net lease.
- 59,677 SF lot allows for redevelopment potential.
- Strong cap rate due to existing lease.
Property Details for 515 Kingstown Rd
- Property type
- Retail properties, Restaurants
- Year Built
- 1970
- Buildings
- 1
- Units
- 1
Location Insight
- City
- South Kingstown
- County
- Washington
- State
- Rhode Island
- Latitude
- 41.438527
- Longitude
- -71.4860086
515 Kingstown Rd, South Kingstown, Rhode Island
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime RI Restaurant & Land Investment
- Where is the retail property located?
- The property is located at 515 Kingstown Rd South Kingstown, RI.
- What is the asking price?
- The asking price for this property is $2,250,000.
- What are key features of this property?
- This property features: 1.37-acre commercially zoned parcel at 515 Kingstown Road, South Kingstown, RI.; High-visibility location off Route 1 with 68 parking spaces.; 5,700 SF building (1970 construction), currently leased to a Mexican restaurant under a 5-year triple-net lease.
- How can I contact the broker?
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