5407 Post RdCharlestown, RI 02813
- Other commercial real estate
- 12.20 AC
Property Details for 5407 Post Rd
- Lot size
- 12.20 AC
- Zone code
- C2
- Property type
- Other commercial real estate
- APN
- CHAR M:15 L:29
- APU
- CHARM15L29
Description
This exceptional Charlestown, RI property at 5407 Post Road offers a unique investment opportunity. The site encompasses four buildings situated on a 2,600 square foot lot. The main focus is a former restaurant building, the Lobster Pot, suitable for lease as-is or with build-to-suit options. The lease terms and price are negotiable and will depend on the tenant's requirements and whether the property is leased in its current condition or renovated to meet specific needs. Additionally, there is an office building on the property, also available for lease. The property is a single-tenant offering, providing a cohesive and manageable space. Importantly, note that there are no on-site parking spaces. Separate from the main buildings, two newly renovated manufactured homes are available for lease at $1850 per month on a 12-month lease term. This presents a versatile opportunity for a variety of commercial uses, from restaurant operations to office space, potentially with additional income streams from the manufactured homes. The property's location in Charlestown, Rhode Island, offers access to local amenities and a strong community presence. Interested parties should inquire about lease terms and pricing to explore the possibilities of this multifaceted commercial property. The zip code is 02813.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $100,567,720
- Hospitality
- $92,119,488
- Educational
- $76,642,336
- Medical
- $79,278,184
- Retail
- $119,221,408
Location Insight
- City
- Charlestown
- County
- Washington
- State
- Rhode Island
- Latitude
- 41.3645
- Longitude
- -71.6876
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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