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718 Succotash Rd

6,700 SF Specialty Building Offered at $6,500,000 in South Kingstown, RI 02879

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Investment Highlights

Close proximity to East Matunuck State Beach, Potter's Pond and also popular Matunuck Oyster Bar.
RI Landmark Restaurant with over 50 years of continuous operation.

3 parcels with approximately 2.5 acres in the idyllic Matunuck Beach community

Executive Summary

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-development.

Cap'n Jack's Areal

Flood #2

Generalized Elevations #2

Generalized Wetlands #2

Parcel Map

Schedule of use

Property Facts

Price	$6,500,000	Lot Size	0.89 AC
Price Per SF	$970	Building Size	6,700 SF
Sale Type	Investment or Owner User	No. Stories	1
Property Type	Specialty	Year Built	1972
Property Subtype	Marina Specialty Parking Lot	Parking Ratio	1.79/1,000 SF
Building Class	C

Price	$6,500,000
Price Per SF	$970
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Marina Specialty Parking Lot
Building Class	C
Lot Size	0.89 AC
Building Size	6,700 SF
No. Stories	1
Year Built	1972
Parking Ratio	1.79/1,000 SF