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    2 Douglas Pike Smithfield, RI 02917

    For Sale
    $749,900

    Apartment,Office,Commercial - Smithfield, RI

    Property size:
    3,580 SF
    Lot size:
    0.52 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 2 Douglas Pike

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PD
    Parking
    15
    Interior features
    Ceiling Height (7 To 9 Ft)
    Exterior features
    Corner, Suburban, Urban
    Size
    3,580 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1974
    Floors in Building
    3
    Number of units
    4
    Building materials
    Frame
    Architectural style
    Other

    RE/MAX PROPERTIES (401) 232-3900 [email protected]

    Listing agent Robert Shirley (401) 232-3900

    Listing date Oct 1, 2025

    MLS# 1396243 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Smithfield Mixed-Use Investment Opportunity

    This mixed-use building, located in the lakeside gateway to Smithfield, offers a versatile floor plan suitable for multi-tenant or mixed-use configurations. The property, with a size of 3,580 square feet and situated on a 0.52-acre lot, presents multiple income-generating possibilities, including restaurant, office, or retail concepts. It benefits from town sewer access, supporting long-term growth, and an easement to Ridge Road, enhancing development flexibility. The property is located in one of Smithfield’s most active gateways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rhode Island Manufacturers ... Non-Profit Organization the yoga workshop Alternative Medicine Practitioner A Plus Property Management ... Property Management Company Lakeside Realty II Attorney Quattrocchi John Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.469271
    Latitude
    41.874158

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in prime lakeside location with multiple income possibilities.
    Where is this mixed-use property located?
    The property is located at 2 Douglas Pike Smithfield, RI.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Prime lakeside location in an active gateway area of Smithfield.; - Versatile floor plan suitable for multi-tenant or mixed-use configurations (restaurant, office, retail).; - Broad zoning potential offering multiple income-generating possibilities.
    (401) 232-3900
    Request Owner's contact information
    2 Douglas Pike Smithfield, RI 02917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Douglas Pike Smithfield, RI 02917
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