Property summary
The property consists of 4,200 square feet of commercial space on 1.6 acres of manicured land, located in the PR zoning district. It features an expansive parking area with LED lighting, a restaurant-grade septic system, a former drive-thru configuration, and 3-phase electrical power, with separate gas and electric utilities. A detached garage adds additional storage and includes a heated and cooled workshop. The site presents potential for retail, fast food use with drive-thru service, and hospitality, subject to applicable zoning and approvals. The premises were historically used as a family-owned business; a smoke shop tenant (Humidor Smoke Shop) occupies the space and is not identified as included in the sale.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Gun Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PR · North Kingstown, RIThe Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PR in North Kingstown, RI.
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