Property summary
This exceptional 7,405 square foot commercial property, located at 676 Putnam Pike in Smithfield, Rhode Island, presents a unique investment opportunity. Situated on a sizable lot, this 1925-built structure offers a versatile space ready for immediate customization. The property's zoning allows for a variety of uses, including commercial, auto shop, restaurant, and bar operations. The existing building provides a solid shell, ready to be transformed to meet the specific needs of your business. Its prime location on Putnam Pike ensures high visibility and significant foot traffic, maximizing potential for success. The single-unit building sits on a 7,405 square foot lot, offering ample space for expansion or outdoor amenities. This is an ideal opportunity for an entrepreneur seeking a high-traffic location with the potential for significant return on investment. The asking price is $499,900. Don't miss this chance to establish your business in a thriving Rhode Island community. The property is zoned to accommodate a wide range of commercial uses, making it an adaptable and valuable asset. The existing structure provides a solid foundation for your vision, minimizing initial build-out costs. This is a rare opportunity to acquire a well-located commercial property in a desirable market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU · Greenville, RIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- 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