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    2195 Matunuck Schoolhouse Rd Charlestown, RI 02813

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    For Sale
    $525,000

    1.86 acres of commercial land near Charlestown Beach.

    Lot size:
    1.86 Acres

    Property Features for 2195 Matunuck Schoolhouse Rd

    General Information

    Lot size
    1.86 Acres

    Source: Sweeney Real Estate &Appraisal Agent Thomas O Sweeney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charlestown Commercial Land Opportunity

    Located at 2195 & 2231 Matunuck Schoolhouse Road in Charlestown, Rhode Island, this commercial real estate opportunity consists of 1.86 acres of C-2 land with improvements. The property is minutes from Charlestown Beach and will be sold as one parcel. Permitted uses include inn or cottage rentals, a contractor’s yard, church, liquor store, microbrew pub, miniature golf, restaurant, and tavern or nightclub, among others. Residential use is permitted per a special use variance. The property is available via online bidding, which opens on Thursday, May 29, 2025, at 10:00 AM and closes on Friday, May 30, at 12:00 PM. Inspections are available by appointment only; do not walk the property without a real estate agent. The starting bid is $525,000.00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.6245569
    Latitude
    41.38218

    Nearby Similar for Sale

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    • $999,999
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      Charlestown Commercial Land Opportunity

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    FAQs

    What type of property is this?
    Commercial land - 1.86 acres of commercial land near Charlestown Beach.
    Where is this commercial land located?
    The property is located at 2195 Matunuck Schoolhouse Rd Charlestown, RI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 1.86 Acres of C-2 Zoned Land with Improvements; - Prime Location: Minutes from Charlestown Beach; - Wide Range of Permitted Uses: **Inn/Cottage Rentals, Restaurant, Microbrew Pub, and More**
    (401) 331-9300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2195 Matunuck Schoolhouse Rd Charlestown, RI 02813
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