Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
and get 1 Light Report
- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning