Wakefield RI Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
5,700
Status:
Active
Beds:
n/a
Lot size:
1.37 Acres
Year built:
1970
Baths:
MLS#:
1369642
Subdivision:
Wakefield

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
6,700
Status:
Active
Beds:
n/a
Lot size:
2.5 Acres
Year built:
1972
Baths:
MLS#:
1370031
Subdivision:
Matunuck

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.58 Acres
Year built:
1940
Baths:
MLS#:
1368632
Subdivision:
Moonstone Beach

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1959
Baths:
MLS#:
1361843
Subdivision:
Perryville

ADDITIONAL INFORMATION

Located in the bustling downtown neighborhood of Perryville, this 2,000 sq ft commercial building offers unmatched investment potential. Currently operating as a machine shop, and has been since 1956. The property features a versatile layout which makes it ideal for many uses. This is a prime Location on a high-traffic State Road with excellent visibility and accessibility. With zoning that supports a variety of uses, this property offers significant potential for future growth and redevelopment. Whatever you envision this building provides the foundation for substantial returns on investment. Schedule a viewing today to explore its potential!

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.



Wakefield Real Estate

The median home value in Wakefield, RI is $575,900. This is higher than the county median home value of $542,000. The national median home value is $338,100. The average price of homes sold in Wakefield, RI is $575,900. Approximately 59.76% of Wakefield homes are owned, compared to 18.8% rented, while 21.44% are vacant. Wakefield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wakefield real estate agent to arrange a tour today!

Wakefield, Rhode Island 02879 has a population of 20,736. Wakefield 02879 is more family-centric than the surrounding county with 27.39% of the households containing married families with children. The county average for households married with children is 25.16%.

The median household income in Wakefield, Rhode Island 02879 is $102,397. 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 Wakefield 02879 is 47.4 years.

Wakefield Weather

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 30.4 inches of snow per year.

Wakefield Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    63
    30-day change

Wakefield Schools and Demographics

Education near Wakefield, RI

Metric City County
High School Graduates 94.67 94.47
College Degree - 2 year 8.63 8.87
College Degree - 4 year 55.79 46.09
Graduate Degree 16.51 14.52
Expenditures per Student 21,709 21,709
Students per Teacher 12.1 12.1

Elementary Schools near Wakefield, RI

School Grades Students P/T Ratio ZIP
Kingston Hill Academy KG - 05 188 19.1 02874
Matunuck School KG - 04 210 13.9 02879
Narragansett Elementary School PK - 04 505 17.6 02882
Peace Dale School KG - 04 358 15.2 02879
South Kingstown Integrated Pre PK - PK 110 18.3 02879
The Compass School KG - 08 167 13.9 02881
Wakefield School KG - 04 261 15.9 02879
West Kingston School KG - 04 278 10.6 02892

Middle Schools near Wakefield, RI

School Grades Students P/T Ratio ZIP
Broad Rock Middle School 05 - 06 520 14.1 02879
Curtis Corner Middle School 07 - 08 523 12.6 02879
Narragansett Pier School 05 - 08 405 20.3 02882

High Schools near Wakefield, RI

School Grades Students P/T Ratio ZIP
Narragansett High School 09 - 12 421 13.8 02882
South Kingstown High School 09 - 12 1,042 12.1 02879

Demographics near Wakefield, RI 02879

Metric Zip Code City
Neighborhood Type Suburban
Population 20,736 129,735
Population Density 555 394
Median Age 47.4 44.8
People per Household 2.4 2.4
Median Household Income 102,397 92,001
Average Income per Capita 50,452 45,956