Property summary
This exceptional commercial property at 6758 Post Road in North Kingstown, Rhode Island, presents a unique investment opportunity. Situated on a substantial 69,696 square foot lot (approximately 1.6 acres), this single-story, 1956-built building offers immense potential for a variety of businesses. Previously utilized as a fast-food restaurant, the property boasts a convenient drive-thru lane, ample parking, and high visibility due to its location on a busy road with excellent highway access. The property's zoning allows for diverse uses, including but not limited to retail, restaurant (including QSR/fast food), bar, convenience store, medical office, and even a bakery or specialty food store. The property's versatility makes it ideal for entrepreneurs seeking a high-traffic location to establish or expand their business. The asking price is $799,000. This property is uniquely positioned to benefit from the development of a forthcoming commercial district, promising significant future growth and return on investment. The single building is situated on a large lot, providing ample space for expansion or outdoor amenities. This is a rare opportunity to acquire a well-located, versatile commercial property in a growing area of Rhode Island. The property is located in Washington County, Rhode Island, zip code 02852.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PR · North Kingstown, RIThe Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and reside…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PR in North Kingstown, RI.
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