Overview
- Updated On:
- October 21, 2024
Description
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.
Address: 706 Succotash Road
City: South Kingstown
Area: Matunuck
State/County: Washington
Zip: 02879
Country: US
Open In Google Maps Property Id : 1333609
Price: $ 6,500,000
Property Lot Size: 3 ft2
Association Fee Frequency: Monthly
Basement: Partial
Bridge Modification Timestamp: 2024-10-21T19:56:34.330Z
Building Area Total: 6700
Building Features: Restrooms,Security,Security Lights
Building Name: Cap'n Jack's
Business Name: Cap'n Jack's
Business Type: Bar/Tavern/Lounge,Commercial,Food & Beverage,Marina,Outdoor Sign,Parking,Rental,Residential,Restaurant,Tavern/Bar/Nightclub,Vacation Rental(s)
Community Features: Highway Access,Marina,Restaurants,Near Swimming
Construction Materials: Frame
Contract Status Change Date: 2024-10-03
Cooling: Central Air
Electric: 3 Phase,400 Amps
Foundation Details: Concrete Perimeter
Frontage Length: 300
Furnished: Furnished
Gas: None
Heating: Central Air,Central,Zoned
Inclusions: All fixtures, equipment and small wares used in the operation of the current businesses.
List Agent Direct Phone: 401-480-4923
List Agent Email: sambutterfield@gmail.com
List Agent Full Name: Sam Butterfield
Listing Contract Date: 2024-10-03
Listing Id: 1370031
Living Area Units: Square Feet
Lot Features: Security,Suburban
Lot Size Area: 110000
Lot Size Square Feet: 110000
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-10-21T19:51:47.520Z
Number Of Buildings: 3
Number of Units in Community: 1
Number of Units Total: 3
Occupant Type: Owner
Original Entry Timestamp: 2024-10-03T10:31:02.987Z
Original List Price: 6500000
Owner Pays: All Expenses
Parking Total: 212
Possible Use: Commercial,Development,Fishery,Mixed Use,Residential,Retail,See Remarks,Commercial
Road Frontage Type: Municipal
Road Surface Type: Black Tar
Seating Capacity: 188
Security Features: Closed Circuit Camera(s),Fire Alarm,Security Lights,Smoke Detector(s)
Sewer: Septic Tank
State or Province: RI
Status Change Timestamp: 2024-10-03T10:31:02.987Z
Stories: 1
Street Additional Info: 718
Street Name: Succotash
Street Number: 706
Street Suffix: Road
Structure Type: Free-Standing
Tax Annual Amount: 35500
Tax Year: 2024
Utilities: 3-Phase Electric,Electricity Connected,Fiber Optic,Municipal Water,Phone Connected
View: Water
Water Source: Connected,Individual Meter,Public
Waterfront Features: Waterfront
Year Built: 1972
Year Established: 1972
Years Current Owner: 52
Zoning: CW
Other Features
Ceiling Height: 7-9 Ft,9-12 Ft
Electrical Utility Available
Has Cooling System
Has Heating System
Has Waterfront
$ 25,201.79
per month- Principal and Interest
- Property Tax
- HOA fee
$ 25,201.79
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