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Property profile & analytics

5407 Post Rd Charlestown, RI 02813

  • Commercial real estate
  • 12.20 lot acres
For Sale
Last Sale
Feb 03, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0337864
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ocean View Motor Inn / Hotel & Motel

Property Details for 5407 Post Rd

Lot size
12.20 lot acres
Zone code
C2
Property type
Commercial real estate
APN
CHAR M:15 L:29
APU
CHARM15L29

Description

This exceptional Charlestown, RI property at 5407 Post Road offers a unique investment opportunity. The site encompasses four buildings situated on a 2,600 square foot lot. The main focus is a former restaurant building, the Lobster Pot, suitable for lease as-is or with build-to-suit options. The lease terms and price are negotiable and will depend on the tenant's requirements and whether the property is leased in its current condition or renovated to meet specific needs. Additionally, there is an office building on the property, also available for lease. The property is a single-tenant offering, providing a cohesive and manageable space. Importantly, note that there are no on-site parking spaces. Separate from the main buildings, two newly renovated manufactured homes are available for lease at $1850 per month on a 12-month lease term. This presents a versatile opportunity for a variety of commercial uses, from restaurant operations to office space, potentially with additional income streams from the manufactured homes. The property's location in Charlestown, Rhode Island, offers access to local amenities and a strong community presence. Interested parties should inquire about lease terms and pricing to explore the possibilities of this multifaceted commercial property. The zip code is 02813.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Charlestown
County
Washington
State
Rhode Island
Longitude
-71.6876
Latitude
41.3645
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,413
$570,800
$192,700
$763,500
-
$0.00
$0.00
$0.00
More about this property
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