Mixed-Use Property with Tavern
For Sale
Under Contract
$1,950,000
5153 Old Post Road, Charlestown, RI 02813
Commercial/Business,Commercial Sale, Charlestown, RI
Property Size2,688 SF
Lot Size2.71 Acres
Price / SF$725.45
Days on Market26
Property Features for 5153 Old Post Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Rooms
Basement
Parking
70
Interior features
Ceiling Height (7 to 9 Ft)
Basement
Full
Subdivision
Route 1
Lot features
Wooded, Historic
View
Water
Standard status
Active Under Contract
Size
2,688 SF
Lot size
2.71 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7289
Utilities
Sewer type
Septic Tank
Heating system
Baseboard, Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
1739
Floors in Building
3
Number of units
1
Building materials
Frame
Listing Agency:
Gustave White Sotheby's Realty · Sotheby's International Realty
(401) 849-3000
Listed By:
Mike Sweeney
(401) 862-0164
Added: Jul 28
Last Checked: Aug 22 at 8:06AM
MLS# 1419106
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes the Wilcox Tavern building and a separate legal apartment structure. The tavern building offers over 7000 SF of potential restaurant space, with a large kitchen and bar area, a newly constructed hardscaped patio, and ample parking. A yoga studio currently occupies part of the commercial component.
The 2.71-acre site is positioned directly above Route 1, where average daily traffic exceeds 17,000 vehicles. Its location next to a traffic light provides direct access to and from the route. The property is zoned C3 and includes a separate four-unit apartment building with seven bedrooms and 2688 SF of income-producing residential space.
The 2.71-acre site is positioned directly above Route 1, where average daily traffic exceeds 17,000 vehicles. Its location next to a traffic light provides direct access to and from the route. The property is zoned C3 and includes a separate four-unit apartment building with seven bedrooms and 2688 SF of income-producing residential space.
Key Highlights
- 2.71‑acre mixed‑use property directly above Route 1
- Commercial building with over 7000 SF of potential restaurant space
- Large kitchen, bar area, hardscaped patio, and ample parking
Property Analytics
Property Profile
Current Use
Lease Details
17,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 02813, RI
8,021
Population
5,334
Households
1.5
Avg Household Size
53
Median Age
42%
College-Educated
94%
High-School Grad
36.7 sq mi
ZIP Area
219
Density / Sq Mi
$103,147
Median Household Income
$53,783
Median Earnings
$1,499
Median Rent
$467,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial space, a yoga studio tenant, and a four-unit apartment component.
Where is this mixed-use property located?
The property is located at 5153 Old Post Road Charlestown, RI.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2.71‑acre mixed‑use property directly above Route 1; Commercial building with over 7000 SF of potential restaurant space; Large kitchen, bar area, hardscaped patio, and ample parking
