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$ 1,495,000
Est. payment | /mo
0.57 Acres Lot
$ 1,495,000
Est. payment | /mo
0.57 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1424923
HOA Y/N No
Year Built 1940
Annual Tax Amount $9,295
Tax Year 2024
Lot Size 0.570 Acres
Property Sub-Type Commercial
Property Description
Exceptional development opportunity in East Providence featuring an established restaurant on an expansive approximately 25,000 SF lot with significant redevelopment potential. The property presents a unique opportunity for residential development, with plans targeting approximately 19 20 single-family townhomes. An additional 9-unit apartment development is also being pursued, with approvals anticipated within approximately 3 months. The development team is already in place, including the city, attorney, and architect, and a completed survey is available. Located within walking distance of Crescent Park and the waterfront, offering access to scenic Narragansett Bay views, walking trails, picnic areas, and recreational amenities. A rare opportunity for developers, investors, or owner-users seeking an established commercial operation with substantial residential redevelopment potential in a desirable East Providence location.
Location
State RI
County Providence
Interior
Heating Central
Cooling Central Air
Exterior
Community Features High Traffic Location
Utilities Available Sewer Connected
Total Parking Spaces 50
Building
Sewer Connected
Structure Type Frame
New Construction No
Others
Tax ID 376BULLOCKSPOINTAVEPRO
Virtual Tour https://tour.RiLiving.com/376-Bullocks-Point-Avenue-East-Providence-RI-02915
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Listed by Century 21 Limitless
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