Excellent Hospitality Business Opportunity ... Well-established and newly renovated restaurant and bar in a mixed suburban setting ... Improvements include new roof and siding ... totally renovated and updated interior ... Previously approved for outdoor dining ... The property is zoned R20 ... The only allowable commercial use is restricted to a food and beverage operation. REDUCED!!!!!
Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. SITE 2 (Lot 411) 250 George Washington Highway $2,982,000 Resident 42 units @ 71K per door $2,518,764 Retail - 21,950 ft. retail @ $45 per ft. = $987,750 - 15% vacancy = $839,588 AOI $2,518,763 Land Cost (3 years of income) $4,179,940 Replacement Cost (5 years income) $1,679,176 Developers Profit (2 years income) $5,500,764 Land Value/Sale Price (Lot 411)
Back on the market in time for summer! No tests have been performed, parties unable to meet previous contract contingency unrelated to land development. PRIME LOCATION! Zoning Certificate was granted from the town on 5/29/24. A rare opportunity awaits in Smithfield, RI! This picturesque waterfront piece of land is nestled in a tranquil, well-established neighborhood on a dead end road, offering what could be a peaceful retreat to its next owners. 53 Deer Run Trail is one of the larger lots in this waterfront community. With ample space to potentially build a single family home, this property is a blank canvas. Just a short distance from Jaswell's Farm, Deerfield Park, shopping and highways, this location offers convenience and easy access to recreational amenities. Don't miss your opportunity to get into one of RI's most sought after waterfront neighborhoods in coveted Smithfield , RI! Zoning certificate application approved by the town on 5/29/24. Raw land needing all other approvals. Buyer and buyer's agent to perform their own due diligence, seller may not be able to verify all information. Please reach out with questions.

The median home value in Smithfield, RI is $475,000. This is higher than the county median home value of $372,900. The national median home value is $338,100. The average price of homes sold in Smithfield, RI is $475,000. Approximately 75.6% of Smithfield homes are owned, compared to 17.88% rented, while 6.52% are vacant. Smithfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Smithfield real estate agent to arrange a tour today!
Smithfield, Rhode Island 02917 has a population of 21,855. Smithfield 02917 is more family-centric than the surrounding county with 31.66% of the households containing married families with children. The county average for households married with children is 27.53%.
The median household income in Smithfield, Rhode Island 02917 is $87,819. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Smithfield 02917 is 44.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 50 inches per year, with 40.3 inches of snow per year.