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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

250 George Washington Hwy Smithfield, RI 02917

Built 2025
Property ID
Property summary
AI-generated overview

This exceptional 160,639 square foot mixed-use property at 250 George Washington Highway, Smithfield, RI 02917 presents a remarkable investment opportunity. Located at a high-traffic corner, this site boasts prime visibility on George Washington Highway and Douglas Pike, with convenient access to Routes 146 and 295. The property includes one building constructed in 2025 and features two units. Already approved for development, the master plan allows for the construction of 42 residential units and 18,000 square feet of retail space. Zoned Planned Corporate, this land offers a multitude of potential uses, from traditional office and storefront spaces to restaurants, QSR/fast food establishments, executive offices, and even residential units. The property's versatility is further enhanced by its potential for combined purchase with the abutting property at 230 George Washington Highway, expanding the total acreage to over six acres. This is an unparalleled chance to capitalize on Rhode Island's burgeoning development scene in a highly desirable location. The asking price is $5,250,000. Contact us for detailed information and to explore the possibilities.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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