676 Putnam Pike Greenville, RI 02828-1446
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
MU · Greenville, RIGreenville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.