5407 POST RD Charlestown RI 02813-1734

This expansive 12.2 acres property boasts 23 Manufactured Home Park Units, a 28 room Motel Building and several out buildings. Located on 5407 Post Road where prime location meets incredible potential. Financials for the Manufactured Home Park and Motel Renovation Plans will be shared with qualified, interested parties. Potential exists for possible sub-division of Motel and Manufactured Home Park properties, please refer to MLS #1356697. Don't miss out on this opportunity to acquire a versatile and promising and promising investment in a sought after location

For Sale

Office Building: Vacant

• Usable Area (1st Floor & Upper Story): 4,648 Sf
• Basement: 1,280 Sf
• Utility/Finished: 400 Sf
• Deck: 608 Sf
• Gross SF: 6,936 Sf

Restaurant: Vacant (Former Lobster Pot)

• Usable Area: 2,611 Sf
• Half Story Finished: 648 Sf
• Porch, Enclosed: 176 Sf
• Gross SF: 3,111 Sf

Motel: Vacant (Former Ocean View Motor Inn)

• Usable Area: 10,144 Sf
• Porch, Open, Finished: 2,408 Sf
• Utility, Storage: 264 Sf
• Gross SF: 12,816 Sf
• 28 Units Occupancy (14 Rooms Up / 14 Rooms Below)

Mobile Home Park Income-Producing

• 23 Total Mobile Homes
• 6 Double Wide / 17 Single Wide
• Each Modular Sits On +/- .25 Acre
• 18 Units Lease Property & Land / 5 Units Lease Land
• Great Rental Income
• Private Community
• 12 Acres Of Land With Redevelopment Potential
• Currently Consists Of 4 Individual Parcel Components Office | Motel | Retail | Mobile Home Park
• Income Producing Property
• Redevelopment Potential For Retail & Residential Community Near The Ri Seacoast
• Great On/Off Access To Route 1
• Located At A Signalized Traffic Light
• Close To Town And State Beaches, National Parks, Marinas, And Restaurants
• Nearby Watch Hill, Misquamicut, Narragansett, Jamestown & Newport