5407 Post Rd Post Rd, Charlestown, RI 02813
This exceptional Charlestown, Rhode Island property presents a unique investment opportunity. The 45,000 square foot lot houses a two-story, 28-room motel and restaurant, offering significant potential for growth and redevelopment. Built in 1954, the single-building property is currently undergoing a subdivision from a larger parcel, creating a standalone investment. The motel's spacious rooms provide ample guest accommodation, complemented by extensive on-site parking. Its location at 5407 Post Road in Charlestown, RI, places it in a highly desirable area with strong potential for increased revenue. Detailed renovation plans are available upon request for qualified buyers. This versatile property is ideal for an investor seeking a profitable venture in a sought-after Rhode Island location. The asking price is $2,495,000. Serious inquiries only. Further information regarding the property's current operational status and financial performance will be provided to qualified buyers under a non-disclosure agreement. Don't miss this chance to acquire a thriving business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.