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    150 George Washington Hwy Smithfield, RI 02828

    For Sale
    $399,000

    Modern flex space condo units, ideal for diverse business opportunities.

    Property size:
    1,250 SF
    Lot size:
    2.47 Acres

    Property Features for 150 George Washington Hwy

    General Information

    Size
    1,250 SF
    Lot size
    2.47 Acres

    Source: Abbott Properties, LLC Agent Karen Catuogno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Flex Space Condo

    Mowry Hill Commons features new construction flex space commercial condo units available for sale, offering a diverse range of business opportunities. These spacious, heated, and cooled 1250 square feet units are equipped with a half bath, making them suitable for trades, business owners, commercial warehousing, motor vehicle storage, electricians, plumbers, general contractors, and more. The property is located off Route 116 and Route 7, providing proximity to restaurants, shopping, fuel stations, hotels, and major highways such as Route 295 and Route 95, facilitating commutes to Massachusetts and Connecticut. Early purchasers have the flexibility to request additional space or combine multiple units due to the open architecture. These units are under construction with a tentative completion date of late summer 2025. Please note that the picture of the building is a rendering of the front structure, and the listing is for units located in the rear of the building.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Hair Salon Wholesale Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5308971
    Latitude
    41.9129974

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    FAQs

    What type of property is this?
    Flex space - Modern flex space condo units, ideal for diverse business opportunities.
    Where is this flex space located?
    The property is located at 150 George Washington Hwy Smithfield, RI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - New construction flex space ideal for diverse businesses, commercial warehousing, or motor vehicle storage.; - Excellent location off Rt. 116/Rt. 7 with easy access to Rt. 295/Rt. 95, MA & CT.; - Spacious 1250 sq ft heated & cooled units with a 1/2 bath.
    (401) 363-8888
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    150 George Washington Hwy Smithfield, RI 02828
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    Smithfield, RI 02828
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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
    150 George Washington Hwy Smithfield, RI 02828
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