5407 Post Rd Post RdCharlestown, RI 02813

Property Details for 5407 Post Rd Post Rd

Year built

1954

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional Charlestown, Rhode Island property presents a unique investment opportunity. The 45,000 square foot lot houses a two-story, 28-room motel and restaurant, offering significant potential for growth and redevelopment. Built in 1954, the single-building property is currently undergoing a subdivision from a larger parcel, creating a standalone investment. The motel's spacious rooms provide ample guest accommodation, complemented by extensive on-site parking. Its location at 5407 Post Road in Charlestown, RI, places it in a highly desirable area with strong potential for increased revenue. Detailed renovation plans are available upon request for qualified buyers. This versatile property is ideal for an investor seeking a profitable venture in a sought-after Rhode Island location. The asking price is $2,495,000. Serious inquiries only. Further information regarding the property's current operational status and financial performance will be provided to qualified buyers under a non-disclosure agreement. Don't miss this chance to acquire a thriving business in a prime location.

Location Insight

City

Charlestown

County

Washington

State

Rhode Island

Latitude

41.364

Longitude

-71.6853

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