230 George Washington Highway, Smithfield, RI 02917

$2,250,000 Asking Price

2 beds
1 bath
1,275  sqft
Built in 1938

Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 19 residential units and 4500 ft. retail; but currently in the process of getting an updated master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details.


Features & Amenities

Interior

Appliances:
Electric Water Heater
Basement:
Full,Interior Entry,Unfinished
Flooring:
Hardwood
A/C:
false, None
Heating:
true, Hot Water,Oil
Fireplace:
None, Fireplaces: 0

Exterior

Style:
Cape Cod
Parking:
No Garage, Parking spaces: 4

Construction

General:
Plaster,Clapboard, 2, Concrete Perimeter

Location

Originating MLS:
RIS
County:
Providence

Lot

Zoning:
PC, 230GEORGEWASHINGTONHWYSMTH

Utilities

Utilities:
Sewer Available,Water Available, 100 Amp Service
Water:
Connected
Sewer:
Septic Tank

Financial

Source:
RIS, RIS
Buyers Agent Compensation:
2%
NA Compensation:
2% of net sales

This listing courtesy of:
Balletto Realty

About Smithfield, RI

Housing

Number of Units
4,972
Median Home Value
$301,916
Median Rent
$786

23.68% of housing units are renter occupied.

4.35% are vacant.

Commute

Car
74.92%
Public Transportation
0.42%
Walk to Work
5.06%
Work from Home
18.49%
Other
1.11%

The median travel time to work is 19 minutes.

People

Population
14,224
Median Age
40.60
Median Household Size
2.43

Education

High School
26.72%
Associate’s Degree
10.60%
Bachelor’s Degree
21.15%
Graduate Degree
14.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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