For Sale
$5,250,000

250 George Washington HwySmithfield, RI 02917

Prime RI location, 160K+ sq ft, development ready.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 160,639 square foot mixed-use property at 250 George Washington Highway, Smithfield, RI 02917 presents a remarkable investment opportunity. Located at a high-traffic corner, this site boasts prime visibility on George Washington Highway and Douglas Pike, with convenient access to Routes 146 and 295. The property includes one building constructed in 2025 and features two units. Already approved for development, the master plan allows for the construction of 42 residential units and 18,000 square feet of retail space. Zoned Planned Corporate, this land offers a multitude of potential uses, from traditional office and storefront spaces to restaurants, QSR/fast food establishments, executive offices, and even residential units. The property's versatility is further enhanced by its potential for combined purchase with the abutting property at 230 George Washington Highway, expanding the total acreage to over six acres. This is an unparalleled chance to capitalize on Rhode Island's burgeoning development scene in a highly desirable location. The asking price is $5,250,000. Contact us for detailed information and to explore the possibilities.

Highlights

  • $5,250,000 asking price.
  • Mixed-use land totaling 160,639 square feet.
  • Located at 250 George Washington Highway, Smithfield, RI 02917.
  • Master plan approved for 42 residential units and 18,000 square feet of retail space.
  • High-traffic corner lot at George Washington Highway and Douglas Pike, near Routes 146 and 295.
  • Zoned Planned Corporate, allowing for diverse uses.

Property Details for 250 George Washington Hwy

Property type
Retail properties, Restaurants
Year Built
2025
Buildings
1
Units
2

Location Insight

City
Smithfield
County
Providence
State
Rhode Island
Latitude
41.9179722
Longitude
-71.5197961
250 George Washington Hwy, Smithfield, Rhode Island

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250 George Washington Hwy
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