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    OFF-MARKET
    Retail properties & Spaces

    5407 Post Rd Post Rd, Charlestown, RI 02813

    Built 1954
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1954
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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