5407 Post Rd, Charlestown, RI 02813
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.
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Ocean View Motor Inn Hotel & Motel
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
C2 · 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.