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221 Bay View Avenue, Cranston
$199,900
1423497 MLS
Offered together, 221 and 217 Bay View Avenue present a unique opportunity combining a shovel-ready new construction project with an existing home on the adjacent property. 221 Bay View Avenue is shovel-ready with stamped architectural plans and permits in place for construction of a new single-family home with a lower-level ADU. The approved design features a 4-bedroom, 3-bath main residence across two levels, along with a 1-bedroom, 1-bath lower-level ADU complete with its own kitchen, living area, and private exterior entrance. Public water, public sewer, and natural gas add to the convenience of the project, with much of the planning and permitting work already completed. Next door, 217 Bay View Avenue features an existing 2-bedroom, 2-bath home ready for renovation. The property offers a flexible layout, solid potential, and an opportunity to add value through thoughtful improvements. Renovate the existing home while building next door, with flexibility for investment, extended or multi-generational living, or other possibilities. Two separate properties being sold together, offering significant potential for a builder, investor, or buyer looking to take advantage of a truly unique opportunity. Clear and level lot with parking and all public utilities - water, electric, natural gas, sewers. Must be sold with 217 Bay View Ave (single family $299,900) - MLS# 1423294 Package listing (217 & 221 Bay View Ave. Cranston) - MLS# 1422302 - $499,900

221 Bay View Avenue, Cranston

41 dexter rock Road, Lincoln
$899,900
1423430 MLS
Rare development opportunity in Lincoln, RI. This 8.36-acre parcel is located within an RS-12 zoning district and offers significant potential for residential subdivision. Preliminary due diligence has already been completed, including wetland delineation and conceptual engineering plans illustrating potential 9-, 10-, and 13-lot subdivision layouts. The property's size, configuration, and favorable location make it an attractive opportunity for builders, developers, and investors seeking a project with substantial upfront planning already underway. The property is currently improved by a 3-bedroom, 2.5-bath Colonial residence, along with a detached garage featuring approximately 1,536 square feet of additional finished living space, offering immediate use, rental income potential, or a holding asset while pursuing future development plans. Inquire for additional information regarding conceptual plans, wetland mapping, and development potential.

41 dexter rock Road, Lincoln

276 East Street, Cranston
$359,900
1423390 MLS
** Investment & Development Opportunity in Cranston! ** Rare opportunity to unlock the potential of this .76 -acre property in a convenient Cranston location. The existing single-family home is in need of renovation, making this an excellent option for an investor, developer, or savvy homeowner looking for a property with significant upside. Renovate the existing home and take advantage of the expansive lot, explore the possibility of adding an additional structure, or consider a tear-down and redevelopment opportunity for new housing. With just under an acre of land, the property offers flexibility and possibilities rarely found in this area. Any subdivision, additional units, or redevelopment would be subject to zoning and municipal approvals, that the buyer can obtain post closing. Ideally situated near Garden City Center, state offices, shopping, dining, highways, and everyday conveniences, this property combines a desirable location with exciting investment potential. Bring your vision and explore the possibilities!

276 East Street, Cranston

457 Mineral Spring Avenue, Pawtucket
$219,000
1421944 MLS
Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started. Taxes based on current commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000.

457 Mineral Spring Avenue, Pawtucket

230 George Washington Highway, Smithfield
$2,879,000
1421920 MLS
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. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475

230 George Washington Highway, Smithfield

250 George Washington Highway, Smithfield
$5,758,000
1421921 MLS
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. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950

250 George Washington Highway, Smithfield

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