About 515 Kingstown Rd
Prime location. This 1.37 acre commercially zoned parcel offers great visibility and parking for 68. Sited just off Route 1, the 5700sf building is currently used as a Mexican Restaurant with a 5 year, triple net lease. Great investment opportunity or plan for redevelopment while maintaining a good cap rate with current lease. Call for further details. *BUSINESS NOT FOR SALE, REAL ESTATE ONLY.
Features of 515 Kingstown Rd
MLS® # | 1369642 |
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Price | $2,250,000 |
Bathrooms | 0.00 |
Square Footage | 5,700 |
Square Footage | 59677 |
Acres | 1.37 |
Year Built | 1970 |
Type | Commercial Sale |
Sub-Type | Commercial |
Status | Active |
Community Information
Address | 515 Kingstown Rd |
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Subdivision | Wakefield |
City | South Kingstown |
County | Washington |
State | RI |
Zip Code | 02879 |
Amenities
Parking Spaces | 68 |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Basement | None |
Exterior
Exterior | Frame |
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Construction | Frame |
Additional Information
Date Listed | October 9th, 2024 |
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Days on Market | 10 |
Zoning | CH |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Gustave White Sotheby's Realty |
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Contact Info | 401-849-3000 |