7354 Post Rd, North Kingstown, RI

$1,299,000

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9,350

Square feet

0.79

Acres

About 7354 Post Rd

7354 Post Road is a 9,000sf+ plaza located on an immensely high-traffic and booming strip of Post Road in North Kingstown. Situated on the corner of Camp Ave and Post Road, the .79acre lot of 7354 Post Road offers a traffic light, underground utilities, Town sewers, natural gas, city water and approximately 60 parking spots. Currently used as a 4-unit rental property: (2) 725sf units ($695/mo & $845/mo), (1) 1400sf unit ($2000/mo) and (1) approximately 6500sf restaurant ($5300/mo) with roughly 250 seats. Restaurant lease is in effect until 10/31/2024. Current market rents ($8840/mo) are below market rents - over $10,000 per month can be easily obtained. This building was previously a 5-unit plaza - with 4 rental units plus the restaurant. The 4th unit was added to the restaurant footprint. GREAT OPPORTUNITY for a restaurant owner occupant to capitalize on this booming area of the state. 7354 Post Road sits directly across the street from Reynolds Farm (220 apartments, 80 senior apartments, 41 condominiums, 200 single-family homes and 20,000sf of commercial space). CALL for more information and a private showing.

Features of 7354 Post Rd

MLS® # 1322658
Price $1,299,000
Bathrooms 0.00
Square Footage 9,350
Square Footage 34412.40
Acres 0.79
Year Built 1940
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 7354 Post Rd
Subdivision Post Road District (PR Zoning)
City North Kingstown
County Washington
State RI
Zip Code 02852

Amenities

Amenities Tennis Court(s), Playground, Restaurant
Utilities Electricity Available, Sewer Connected, Underground Utilities, Natural Gas Available, Natural Gas Connected
Features Corner Lot
Parking Spaces 54
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Gas
Cooling Central Air
Fireplace No
# of Stories 1
Stories 1
Has Basement Yes
Basement Partial

Exterior

Exterior Frame, Masonry
Lot Description Corner Lot
Construction Frame, Masonry
Foundation Concrete Perimeter

Additional Information

Date Listed October 20th, 2022
Days on Market 36
Zoning PR
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeReal Broker, LLC

Listing Map

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