2144 Matunuck Schoolhouse Rd, Charlestown, RI 02813-2431
This exceptional Charlestown, Rhode Island commercial property presents a unique investment opportunity. Located at 2144 Matunuck Schoolhouse Road, this 0.66-acre lot encompasses a 1-story, 1695 square foot building with three units, situated in a high-traffic area approximately one mile from Charlestown Beach. The property boasts a variety of potential uses, including retail, office, and entertainment, reflecting its diverse zoning as C1 in a mixed-use area. The building features maintenance-free vinyl siding and recently refreshed exterior trim. Significant recent upgrades include a new roof (2012), water heater (November 2023), and holding tank (2021). A large parking lot accommodates ample customer or employee parking. The property also includes a professionally inspected and maintained 2000-gallon septic system. Membership to Charlestown by the Sea is an added benefit. The total lot size is 28,750 square feet, offering significant expansion potential or flexibility for various business ventures. This property is ideal for investors seeking a versatile commercial space in a prime Rhode Island location. Built in 1985, this building offers a blend of established infrastructure and significant upside potential. Serious inquiries only.
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Cuts ‘N’ Stuff Hair Stylists Hair Salon
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SeaRobin Canvas Co (Bike/Boat/Book/etc) Store
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Que Sera Ceramics General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Charlestown, RICharlestown. Always verify with local authorities before improvements.
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.