Property summary
This exceptional 110,207 square foot mixed-use property in Smithfield, Rhode Island, presents a remarkable investment opportunity. Located at 230 George Washington Highway, this site boasts a prime location with high traffic visibility, situated near the intersection of George Washington Highway and Douglas Pike, providing easy access to Routes 146 and 295. The property currently features two buildings, including a single-family home, and sits on a substantial lot. Already approved for development, the master plan allows for the construction of 21 residential units and 9,000 square feet of retail space, making it ideal for developers seeking a pad-ready site. The property is zoned Planned Corporate and falls within an Overlay District, offering a wide range of potential uses. This presents a unique chance to capitalize on Rhode Island's burgeoning development scene. The property is offered at $2,750,000. There's also the possibility of a combined purchase with the abutting property at 250 George Washington Highway, expanding the total acreage to over six acres. Built in 2025, this property offers a blend of existing structures and significant future development potential. Contact us to explore this exciting opportunity further.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning