7354 Post RdNorth Kingstown, RI 02852

This exceptional investment opportunity presents a four-unit mixed-use commercial property situated on a prominent corner lot in North Kingstown, Rhode Island. The 34,412 square foot lot houses a single-story, 1940-built building featuring four renovated units. Currently occupied by a restaurant (occupying two units), a nail salon, and a dance studio, this property boasts a strong tenant base. Recent upgrades include a new back roof, siding, and restroom renovations, ensuring long-term value. The property benefits from a convenient location on Post Road and Camp Street, a high-traffic four-lane road with a traffic light providing easy access to the 50+ paved parking spaces. The thriving North Kingstown business district, minutes from downtown Wickford, offers a robust commercial environment with surrounding businesses, condos, homes, and apartments. The property is serviced by town water, sewer, and natural gas. This property offers a 7.00% cap rate and is priced at $1,400,000. The property's diverse tenant mix and prime location make it an ideal investment for a discerning buyer seeking strong returns and long-term growth potential. The Post Road district is designated as a mixed-use economic development center.