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 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. 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)
This house is ready for you and your extended family! Large colonial offering dinning room, family room, living room, kitchen, 4 bedrooms 2 baths (master bath needs to be finished), partially finished basement, oversized 2-car garage (with heat), huge rear deck PLUS full in-law apartment located over the garage separate entrances, kitchen, bath, living dinning and 1 bedroom. Located on quiet street. Lots of hard wood throughout, granite kitchens, stainless steel appliances. Do not miss this one!
New Frank Simonelli Home in Greenville on private family compound. Last 2 Acre lot nestled deep off a private driveway and cul de sac in this 3 home subdivision. This new construction 4 bed 3.5 bath offers the latest in open floor plan layouts with custom cabinetry, huge farmhouse windows, quartz countertops, signature moldings, 8' interior doors, custom built in bookcases, designer tile work, high end fixture allowances including a budget for interior design services. This home has been built previously in East Greenwich and Smithfield, photos are indicative of what's planned to be built. Detached garage existing on the property. Public Water and Public Sewer!

Smithfield is located in Rhode Island. Smithfield, Rhode Island has a population of 21,855. Smithfield is more family-centric than the surrounding county with 30.71% 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 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 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.