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.
This is a package sale of 3 properties located in the idyllic East Matunuck Beach community. Being sold together is the Rhode Island landmark Cap'n Jack's Restaurant + The Salt Marsh Pub and Raw Bar, along with a 26 slip marina, a beach house, a free standing garage, a 200+ space parking lot, a small non-developable parcel of land, signage and other improvements. The Restaurant and Pub have seating for 188 indoors plus 100 outdoors. The main 3 parcel property has a combined total land area of approximately 2.5 acres. This is a fantastic South County location a short distance from East Matunuck Beach, Potter's Pond and the also popular Matunuck Oyster Bar. The properties are zoned CW (Commercial Waterfront). This is a large parcel that is ideal for the current uses or redevelopment.
Opportunity: This property is located just 8/10th of a mile from the white sands of Moonstone Beach and from the seasonal playhouse Theater by the Sea. The half acre+ (.58 acre) property awaits your new home or a small business. The current business is a seasonal bakery, in place for the last 50 years. (The business is not for sale.) It is a legal, non-conforming use. Types of allowable uses include a bakery, gift shop, florist, or craft shop. (South Kingstown Use Code Category 5.) There are three small outbuildings on the property that require extensive renovation. Until a few years ago, two of the outbuildings were rental units. If a business is not in your plans, the property could revert to a residential use as the location for your new summer or year-round home. In close proximity to Trustom Pond National Wildlife Refuge, Cards Pond, and significant perpetual conservation land and farm, forest, and open space acreage protected for agriculture, this property offers a unique opportunity to create your home in an area where natural beauty abounds. Please note: This is an estate sale with no disclosures. Sale subject to approval of Probate Court. Please do not walk on the property without first talking with the listing agent. Showing of the entire property must be accompanied by the listing agent.
RARE OPPORTUNITY TO OWN YOUR OWN COFFEE/BAGEL SHOP IN THE HEART OF URI'S CAMPUS!! BRU HAS BEEN OPEN FOR 4+ YEARS AND IS CURRENTLY ONLY OPEN DURING THE SCHOOL YEAR- MANY MANY OPPORTUNITIES FOR THE NEW OWNER TO MAKE THIS BUSINESS A FULL 12 MONTH OPERATIONAL BUSINESS! AN ADDITIONAL VALUE AD FOR THE NEXT BUYER IS TO CATER THE SPORTING EVENTS TO BRING IN ADDITIONAL REVENUE! SALE INCLUDES A BRU BRANDED JEEP/ ALL FIXTURES IN THE BUILDING + SUPPLIES INCLUDED! EASY STAFFING WITH URI STUDENTS HUGE ++ BUILDING IS CURRENTLY LEASED AT AN ATTRACTIVE RATE
South Kingstown is located in Rhode Island. South Kingstown, Rhode Island has a population of 31,576. South Kingstown is more family-centric than the surrounding county with 27.9% of the households containing married families with children. The county average for households married with children is 25.16%.
The median household income in South Kingstown, Rhode Island is $102,242. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in South Kingstown is 39.1 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 51.7 inches per year, with 30.2 inches of snow per year.