515 Kingstown Rd South Kingstown, RI 02879-3650

This exceptional investment opportunity presents a 1.37-acre commercially zoned parcel at 515 Kingstown Road, South Kingstown, RI 02879. The property boasts high visibility and ample parking for 68 vehicles, strategically located just off Route 1. The existing 5,700 square foot building, constructed in 1970, is currently occupied by a Mexican restaurant under a five-year triple-net lease, providing immediate cash flow. The substantial 59,677 square foot lot offers significant potential for redevelopment while maintaining a strong cap rate with the existing lease in place. This single-unit property presents a compelling opportunity for investors seeking a stable income stream with future development possibilities. The property's prime location and substantial lot size make it an attractive proposition for a variety of commercial uses. Serious inquiries are encouraged to explore this lucrative investment further. The sale includes the land and building only