332 Farnum Pike Smithfield, RI 02917
Property profile & analytics
332 Farnum Pike, Smithfield, RI 02917
- Showrooms
- 5,866 SF
- 1.71 lot acres
Property ID
US76-0176852
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Showrooms
Property Details for 332 Farnum Pike
- Year built
- 1958
- Construction
- FRAME
- Lot size
- 1.71 lot acres
- Zone code
- LI
- Property type
- Showrooms
- APN
- SMIT M:46 B:000 L:051-A U:
- APU
- SMITM46B000L051AU
Description
This exceptional 5,866 square foot commercial property located at 332 Farnum Pike in Smithfield, Rhode Island presents a rare opportunity for restaurant and bar ownership. Situated on a 1.71-acre lot, this turnkey establishment boasts a prime location with high traffic volume, ensuring optimal visibility and customer flow. The property includes ample parking with 70 spaces, accommodating a large clientele. Inside, the spacious layout comfortably seats 199 patrons, with additional seating available on a fenced patio. The property's current configuration is ideal for immediate operation, minimizing start-up costs and maximizing potential returns. This is an excellent opportunity for expanding an existing franchise or launching a new venture. The surrounding area is home to several major employers, including Bryant University, Fidelity, and Navigant Credit Union, providing a substantial and reliable customer base. The asking price for this exceptional property is $999,900. Don't miss this chance to acquire a thriving business in a highly desirable location. This is a truly unique opportunity to own and operate a successful restaurant and bar, generating immediate income and long-term growth potential. The property's size, location, and existing infrastructure make it an attractive investment for discerning entrepreneurs.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $557,000
Market price range: $245k - $831k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $785,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5448
- Latitude
- 41.9128
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,674
$203,300
$508,900
$712,200
-
$0.00
$0.00
$0.00
