275 Eddie Dowling HwyNorth Smithfield, RI 02896

This exceptional 1.87-acre property in North Smithfield, Rhode Island, presents a unique redevelopment opportunity. Located at 275 Eddie Dowling Hwy, 02896, this site boasts a prime location on Route 146A, directly across from Dowling Village – a thriving retail center anchored by major national tenants such as Walmart, Lowe's, and Kohl's. Currently improved with two, two-story single-family homes, the property is zoned BH (Business Highway), offering a wide range of potential uses. Envision a multi-tenant shopping center, medical facility, or other compatible businesses thriving in this high-visibility location. The asking price is $1,500,000. While the property consists of two buildings and two units, the existing structures are not the focus of this investment opportunity. The significant potential lies in the redevelopment of the land itself. Note that an adjacent 20,000 square foot parcel is available for purchase separately. A conceptual plan for a 20,000 square foot building incorporating this additional parcel is available upon request. This is an exceptional chance to capitalize on a high-traffic location and create a significant return on investment. Don't miss this chance to acquire a prime piece of Rhode Island commercial real estate.