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- LoopNet Team
8 Ridgewood Rd
Charlestown, RI 02813
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Excellent visibilty for this niche local full service independent hardware store serving local contractors and tradesmen for over 30 years
- Wood framed primary building with storefront with a 2-bedroom apartment upstairs. 2 additional storage buildings
- Centrally located between Narragansett and Westerly, Compass Hardware provides year -round service along the shoreline
PROPERTY FACTS
- Freestanding
- General Retail Storefront
- General Retail Storefront Retail/Residential
AMENITIES
- Air Conditioning
ABOUT 8 RIDGEWOOD RD , CHARLESTOWN, RI 02813
Over 30 year old independently run hardware store in South County RI. This locally operated store is a tremendous resource to contractors, municipalities, farms, year-round and seasonal vacation homes in this captive marketplace. This business has clearly filled a niche with an established and expanding customer base along the south shore of Washington County. The property consists of a retail store, office, storage and a residential 2- bedroom apartment that provides additional income as a rental. There are multiple outbuildings, storage sheds and pods. Also multiple coal bins and large pre-engineered metal warehouse/garage outbuilding. This unique business is geared to support contractors and Southern Rhode island consumers with plumbing, electrical, cleaning, and painting sundries, lawn and garden supplies and much more. The store also carries and delivers bulk coal as well as pellets and has a propane filling station. Other services include key making, sharpening services, faxing, copying and laminating. Assets include a skid steer, coal truck and new POS (point of sale) system. There are many opportunities to expand the business model and capitalize on the home improvement trends in a very attractive geography with a stable and growing customer base. This is a time-proven opportunity to own and run your own business and make a very good living for an owner or investor.
PROPERTY TAXES
| Parcel Number | CHAR-000013-000000-000169 | Improvements Assessment | $223,800 |
| Land Assessment | $119,100 | Total Assessment | $342,900 |
PROPERTY TAXES
Listing ID: 29234836
Date on Market: 8/9/2023
Last Updated:
Address: 8 Ridgewood Rd, Charlestown, RI 02813
The Retail Property at 8 Ridgewood Rd, Charlestown, RI 02813 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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