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Est. Mortgage: $/month

Federal 30-year interest rate: 6.13% last updated on 2023-01-26

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7354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 028527354 Post Road North Kingstown RI 02852
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  • 1940Year Built
  • 9350Square Feet
  • 54Parking Spaces
  • ActiveMlsStatus
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.
Listed by Brendan McLaughlin of Real Broker,LLC

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Seaboard Properties

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Seaboard Properties
108 Water St
Stonington CT, 06378

Office: (860) 535-8364

More Info

Parking

  • Parking Spaces54

Building

  • Year Built1940
  • TypeBar/Tavern/Lounge, Commercial, Dance Studio, Dry Cleaner, Food/Beverage, Gift Shop, Restaurant, Retail, Strip Center
  • Under ConstructionNo
  • Total Units4
  • Square Feet9350
  • Loading DoorNone
  • Number Of Buildings1
  • Number Of Levels1

Utilities

  • Utilities3-Phase Electric, Electric, Gas, Gas Connected, Street Lights, Underground
  • Owner PaysExterior Maintenance, Grounds Care, Roof Maintenance, Snow Removal
  • Tenant PaysCommon Area Maintenance, Exterior Maintenance, Sewer, Water
  • Electric3 Phase,220 Volts
  • SewerAssessment to Buyer, Connected, Municipal

Basic Information

  • Property TypeCommercial/Business
  • List Price$1,299,000
  • Listing Agent NameBrendan McLaughlin
  • Broker NameReal Broker, LLC
  • MLS Number1322658
  • MlsStatusActive

Property

  • Approx Lot Square Foot34412.4
  • Apx Acres Condo Site Acres0.79
  • SiteCorner, Paved, Sidewalks, Underground Utilities
  • RoadBlacktop, High Traffic, Municipal, Sidewalks

Location

  • Address7354 Post Road
  • IDX Address DisplayYes
  • TownNorth Kingstown
  • StateRI
  • Zip02852
  • County IDWashington
  • NeighborhoodPost Road District (PR Zoning)
  • NearBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Shopping, Swimming, Tennis

Interior

  • Ceiling Height9-12 Ft

Amenities

  • CoolingCentral Air
  • Other AmenitiesBasement, Fireplace, Golf, Tennis

Other

  • Broker IDLVGP
  • View Count3

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