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    FOR SALE
    Showrooms

    3769 Old Post Rd, Charlestown, RI 02813

    8,400 SF 9.12 ac lot Built 1985
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US76-0338489
    Property summary
    AI-generated overview

    This exceptional mixed-use property, Shoreline Plaza, presents a unique investment opportunity in Charlestown, Rhode Island. Located at 3769 Old Post Road, UNIT C, this 2640 square foot space is situated on a substantial 392,040 square foot lot and boasts a highly visible location on Old Post Road, offering direct and easy access to Route 1. The single-story, 1985-built building features multiple off-street parking spaces and two ADA-compliant entrances. Currently configured for medical use, with an Urgent Care Center and Primary Care Physician as tenants, the space is adaptable to various other uses. The property's professional landscaping enhances its curb appeal. The owner is willing to collaborate with tenants on customization and build-out to meet specific needs. This is a prime opportunity to capitalize on the growth in the area, further enhanced by the construction of a new adjacent plaza and the availability of additional new units. The asking price for this one-unit property is $15.50 million. This property is ideal for a variety of businesses seeking a high-visibility location with ample parking and easy highway access.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1985
    Construction FRAME
    Total area 8,400 SF
    Lot 9.12 ac (397,267 SF)
    Zoning code TVD
    APN CHAR M:13 L:30
    UPID US76-0338489
    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
    Current use
    Occupant on record · Public records
    • Abstract Insurance Inc Insurance Agency
    • Energy Rejuvenation Alternative Medicine Practice
    • Liberty Advanced Integrative Care Medical Clinic
    • Charlestown Urgent Care Medical Clinic
    • Gupta Rajesh MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.11M
    CAP Approach CAP
    $1.31M
    Comparable Approach Comparable
    $1.35M
    Blend (final) Blend
    $1.09M
    Owner & transaction history
    Solari Ri Com Prop LLC · 5 yrs held
    Solari Ri Com Prop LLC
    since 2021
    Last sale
    $910,000
    3 recorded transactions
    2021
    $910,000
    2001
    1999
    $330,000
    Zoning & alternative use
    TVD · Charlestown, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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