For Sale
$975,000

5407 Post RdCharlestown, RI 02813

Prime RI Location, Restaurant Potential

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional Charlestown, Rhode Island property presents a unique investment opportunity encompassing 2,800 square feet of land zoned for mixed-use, retail, and restaurant purposes. The site includes a single building constructed in 1940, previously operating as the Lobster Pot Restaurant. This presents a chance to acquire a well-situated property with established commercial history, ideal for a variety of uses. The property is offered at $975,000 and allows for flexibility in lease terms and build-out options. A long-term lease of the existing building is available, either as-is or with build-to-suit options, allowing for customization to meet specific business needs. The lease price and terms are negotiable and will depend on the chosen path. Additionally, two recently renovated manufactured homes are available for lease on the property, offering a potential supplemental income stream with a 12-month lease at $1850 per month each. Located at 5407 Post Road in Charlestown, RI 02813, this property benefits from its prime location within Washington County, offering excellent visibility and accessibility. The 2,800 square foot lot provides ample space for development or expansion, making it an attractive proposition for both established businesses and new ventures seeking a foothold in a thriving Rhode Island community. This is a rare opportunity to acquire a versatile commercial property with significant potential for growth and profitability.

Highlights

  • $975,000 asking price.
  • 2,800 sq ft lot.
  • Mixed-use property (Land, Retail, Restaurant).
  • One building, built in 1940.
  • Located at 5407 Post Road, Charlestown, RI 02813.
  • Potential for long-term lease of existing building (former restaurant and office) or build-to-suit.

Property Details for 5407 Post Rd

Property type
Retail properties, Restaurants
Year Built
1940
Buildings
1
Units
1

Location Insight

City
Charlestown
County
Washington
State
Rhode Island
Latitude
41.3640203
Longitude
-71.6853421
5407 Post Rd, Charlestown, Rhode Island

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5407 Post Rd
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