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.
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!
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.
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.