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706 - 718 Succotash Road South Kingstown

$6,500,000
6,700 sq ft

The Property

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 re-developement.

A sealed bid sale,with date to be determined, is being considered by sellers. The seller reserves the right to accept or reject any offer at any time and/or may modify the terms of sale. Minimum suggested offer price 6.5M.

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Listing Details

MLS Number

1370031

Lot Size:

2.53 acres

Features

  • Basement: Partial
  • Restrooms
  • Security
  • Security Lights
  • Highway Access
  • Marina
  • Restaurants
  • Near Swimming
  • Heating: Central Air, Central, Zoned
  • Heating Fuel: Central Air, Central, Zoned
  • Security
  • Suburban
  • Year Built: 1972
  • Water Amenities: Waterfront

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Market Trends for Commercial
in South Kingstown

  • Overview
    Homes for Sale Today138.3% increase in inventory
    New on Market *3-25% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$69.78$414 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max River's Edge

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